Boeing (BA) Shares Up After Jim Cramer Warned Against Selling
π Boeing (BA) shares are currently up by 7.6% over the past year and have gained 45% since Jim Cramer discussed the stock in April.
πΌ The company is classified as one of America's largest defense contractors, with a significant presence in the aerospace supply chain.
π Shares dropped 9.5% on the day CNBC host Jim Cramer discussed the firm during his show "Squawk on the Street."
π The stock closed down 4.4% on October 29th following the company's third-quarter earnings report.
πΈ Q3 earnings showed a $7.47 loss per share, which was wider than the $4.59 analysts had predicted.
β Management announced the firm is now cash positive for the first time in years, validating Cramer's earlier prediction.
π£οΈ Cramer advised investors not to sell Boeing stock, noting that it has many orders and shouldn't be sold despite trade tensions with China.
β οΈ Trade tensions between the US and China caused a weak month for Boeing's stock in April 2025 due to paused jet deliveries.
π The article concludes by promoting other investment opportunities in AI stocks rather than Boeing.
- Boeing (BA) shares are up by 7.6% over the past year and by 45% since Jim Cramer discussed them in April, according to the article.
- Jim Cramer advised investors not to sell Boeing, citing that despite trade tensions with China, the company has so many orders it shouldn't be sold.
- Boeing announced it was cash positive for the first time in years, which validated Jim Cramer's earlier prediction.
- Boeing shares closed 9.5% lower on the day Jim Cramer discussed the firm, indicating recent investor skepticism despite his advice.
- The stock experienced a significant decline in April 2025 when China paused deliveries of all jets to its airlines due to trade tensions.
- Third-quarter earnings showed a $7.47 loss per share, which was wider than the expected $4.59 loss analysts had projected.
- The company is exposed to ongoing trade tensions between the US and China that continue to impact delivery schedules.