Right now, I've recommended Boeing ( BA Research , Estimates ) for the last couple of months. I did downgrade that about two weeks on the price move. I still think the stocks continue to perform however, although I think the gains will be modest from here in the near term.
More Quotes from Chris Mecray:
Neither item is good news, so you can't say it's one or another. A plane crashes can always impact the stock, but it's probably not a big problem given the strong safety record of that aircraft.Chris Mecray
First time around they were talking about charges that were purely restructuring, and now about half are operating charges. It indicates some severe problems that are creating a completely different picture at the company than we had been led to believe. It calls into question what's going to happen in following years.
Chris Mecray
They have still issues with demand on a couple of key areas of their business including the space launch side, the satellite manufacturing side and demand for some of their defense transport products. I'm heading over to an investor conference this morning where I expect them to talk about the turnaround in progress. They will focus on the increasing cash flows and I think we'll get a chance to ask them about some of those strategic issues.
Chris Mecray
Neither of those companies makes a significant portion of their money in the segment. It's a low-margin business. It's not bad business, but it's not going to move the needle more than a big defense contract, (or) maybe even a medium-size defense contract.
Chris Mecray
It improves competitiveness overall. The more people that participate, the more powerful it becomes. It clearly benefits the buyers.
Chris Mecray
I think they've got their head in the sand, failing to recognize their market share is deteriorating and will continue to deteriorate much faster than they or anyone else anticipated a few years ago.
Chris Mecray
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Remember the sufferings of Christ, the storms that were weathered... the crown that came from those sufferings which gave new radiance to the faith... All saints give testimony to the truth that without real effort, no one ever wins the crown.Thomas Becket
One's mind, once stretched by a new idea, never regains its original dimensions.
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For it is we who must pray for our daily bread, and if He grants it to us, it is only through our labour, our skill and preparation.
Paracelsus