The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rockets, satellites, & telecommunications equipment across the globe. With the world returning to air travel post Covid-19 airlines are increasingly confident about a return to normal travel numbers for the foreseeable future. Will this support Boing’s future manufacturing prospects?
Boeing shares are entering a strong time of the year. From April 11 through to June 8 the shares have gained 17 times in the last 25 years. The average return has been +6.02% over the last 25 years with a 44.63% annualised growth rate.
Will Boeing shares lift off again this year?
Trade Risks: The main risk to this trade is any bad news for the US economy or Boeing.
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