The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rockets, satellites, and telecommunications equipment across the globe. The recent restrictions governments have placed on international travel due to covid-19 are fading away now across the world and airlines are increasingly confident in a return to normal travel numbers.
Boeing shares are entering a strong time of the year. From April 13 through to June 10 the shares have gained eight times in the last fourteen years. The average return has been +6.37% over the last 14 years with a 47.66% annualised growth rate.
Will Boeing shares lift off again this year?
Trade Risks: The main risk to this trade is the stagflationary fears which will mean consumers have less disposable income for leisure travel.