When Boeing (NYSE: BA ) reported third-quarter earnings, it announced a 12% jump in profit and raised full-year guidance, sending shares to an all-time high. Boeing's commercial aviation unit has been the company's star player, with particular attention focused on the 787 Dreamliner, the company's most advanced jet, which has garnered praise for its fuel efficiency and criticism for its reliability.
During the earnings call, Boeing gave investors some valuable insights about what to watch for as the company works to capitalize on its record $415 billion backlog. In the following video, Motley Fool contributor Daniel Ferry discusses the company's planned production increase of the 787 Dreamliner, as well as higher up-front costs for building the plane.
Boeing and two other manufacturers poised to take off with an economic recovery
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!