In this video, Motley Fool industrials analyst Isaac Pino takes a look at Boeing and the reasons to buy this dominant player in a multitrillion-dollar industry today. Currently, Boeing already sells billions of dollars' worth of passenger jets per year, and the company's backlog of 800 undelivered planes means that it won't need any new customers for years to come. Combine that with the company's ambition to triple production in 2013, and a market that expects a whopping $4.5 trillion in sales of passenger jets worldwide over the next 20 years, and you have some very interesting reasons to keep Boeing on your watch list. Isaac also gives us some other ideas to consider around this burgeoning industry, for those of us who don't want to put all our eggs in one basket.

Austin Smith, Isaac Pino, and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.