Why Boeing (ba) Stock Is Climbing Today

NEW YORK (TheStreet) -- Shares of Boeing Co. are up 1.51% to $131.70 in pre-market trade after the aerospace company increased its earnings guidance for the year as its second quarter earnings climbed 52%, supported by continued strong demand for the company's jetliners as well as aggressive cost-cutting, the Wall Street Journal reports. The company raised its per-share earnings estimate for the year to $7.90 to $8.10 per share, from its earlier view of $7.15 to $7.35. The increase reflects $408 million in tax benefits, its strong operating performance and a $272 million charge tied to the KC-46A Tanker program, the Journal noted. Must Read: Warren Buffett's 25 Favorite Growth Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

BING NEWS:
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    Boeing’s ( NYSE: BA) stock on Thursday fell as much as 5.1% after the planemaker’s finance chief said deliveries of planes in the second quarter aren’t likely to rise from first-quarter levels. Brian ...
    05/23/2024 - 4:27 am | View Link
  • Does A Technical Metric Suggest That Boeing Co. (BA) Stock Is Ready To Rise?
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    Barclays analyst David E. Strauss maintained a Hold rating on Boeing (BA – Research Report) today and set a price target of $190.00. The ...
    05/22/2024 - 8:46 pm | View Link
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  • Stocks Climb with the Dow Jones Industrials and Nasdaq 100 Posting Record Highs
    The S&P 500 Index ($SPX) (SPY) today is up +0.34%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.59%. US stock indexes today are ...
    05/20/2024 - 4:21 am | View Link
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