Already bought and sold (made 3%) and bought again @ 368. My analysis is that there are only 2 dominant airplane manufacturers and Airbus is really backlogged on orders, which is part of the reason for BA demand/success. People still need to fly and the demand for aircraft currently far outpaces the supply, so for an airline to transition to Airbus would not only be cost prohibitive but also extremely hard to pull off. Also, you have to have confidence in Boeing’s ability to figure out the flaw and correct it. In 2012 after launching the 787, they had some issues with the Dreamliner batteries, and it took BA 3 months to solve, yet the stock was up 80% that year. And lastly from a technicals standpoint the $360 floor has shown resistance.
Is that a trading analysis or an investing analysis (I've fixed your quote to reflect the numbers you meant to put there). I claim ignorance if you're talking from a trading standpoint, and refer to
@ludmila, but from an investing standpoint, I don't see the compelling screaming buy. Is the company not fairly valued at ~20x future earnings (probably not counting the aftermath of the MAX - which I believe will end up being a small bump in the long run). Is there an earnings growth catalyst that would put it on a trajectory to earn that much more, making 20x future earning (or 18x TTM earnings) a bargain?