Hi all, as the heading says what do you think of Boeing in the next 3-5 years? At the moment they have a lot of problems, between the 737-800 being grounded in certain countries, crashes, the Netflix documentary, pretty poor management, to name a few. For reference I hold about 3K in Boeing at an average price of about 188$. I’m considering selling tomorrow at around 140$, 1.5k of my investment and just DCA with Apple, Microsoft and maybe Target. The positives for Boeing are that it still is a Duopoly, is heavily backed by the American government and many ‘analysts’ rate is as a buy/strong buy with a 12 month average target of 215$ (which I can’t see happening). Just looking for thoughts on what I should do? I’ve kind of lost faith in most reasons why I bought in and more negatives have come, however do I hold it or spend elsewhere??
Sorry in advance for not being concise! Appreciate any feedback. Thanks.
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