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Should You Buy Boeing Stock Right Now?

TheMotleyFool

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Boeing (NYSE: BA) was flying through turbulence well before the novel coronavirus outbreak, underperforming the S&P 500 by more than 28 percentage points in 2019 due to the fatal crashes and subsequent grounding of the 737 MAX airplane.

Any hope of a quick recovery in 2020 has been dashed by the health crisis, which has crippled demand for travel and caused airlines to rethink their near-term growth plans. Boeing shares have lost more than 50% of their value in the last month, performing far worse than the broader market during a period of heavy selling.