Why This Virginia-Based Company Could Be a Strong Buy in Aerospace Stocks

The Arlington, Virginia-based company presents one of the most intriguing stocks on the market today. On the one hand, Boeing's (NYSE: BA) medium-term outlook is positive, albeit with potential headwinds (one of which resurfaced in the third quarter). However, there are some long-term concerns. Here's a balanced look at the prospects for the aerospace giant.As previously discussed, Boeing is getting back on track under CEO Kelly Ortberg, who took over in August 2024. It recently received Federal Aviation Administration (FAA) approval to increase its production rate on the Boeing 737 MAX to 42 per month from 38, setting Boeing on a path to execute on its current backlog of 5,954 airplanes, of which 4,349 are for the Boeing 737 MAX. The value of the backlog in commercial airplanes is $535 billion, and investors are hoping Boeing can execute on it over time. Ortberg outlined Boeing's plan to increase the monthly production rate by five units per month, with a six-month gap between each increase.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool