Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Boeing Turns Up the Heat Before Friday's Union Vote

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

The Dow Jones Industrial Average (DJINDICES: ^DJI  ) has pulled back more than 140 points, or 0.85%, in midafternoon trading despite some positive economic data. Initial unemployment claims fell by 2,000 to 339,000 last week  -- the figures remain in range with a growing labor market. Construction spending also rose more than expected, up 1% in November. In addition, the highly followed Institute for Supply Management manufacturing index fell slightly to 57 in December from 57.3 in November, which was better than the expected drop to 56.6; any reading above 50 indicates the U.S. manufacturing sector is expanding. Speaking of the manufacturing sector, major automakers will release December sales figures tomorrow.

Inside the Dow Jones, Boeing (NYSE: BA  ) is turning up the heat before members of the International Association of Machinists and Aerospace Workers vote on the company's latest contract offer tomorrow. The decision could be key to whether Boeing decides to build its new 777X aircraft in Everett, Wash., or take it elsewhere.

"They made it very clear that if there is a 'no' vote on the contract, they will not build the composite wing here," said Suzette Cooke, mayor of Kent, Wash., according to the Chicago Tribune. "It left the other parts of the plane in question."

Boeing is leveraging future job security to its Everett facility in return for switching workers' pension plan to a contribution, 401(k)-style plan, among other things. Investors would be wise to keep an eye on tomorrow's vote and subsequent decision of the 777X production and final assembly location. More than 20 states are competing for the work.

If the contract is rejected again, Boeing and its investors risk problems arising from moving production to another location with less experienced workers; that's something investors would prefer to avoid after Boeing's 787 Dreamliner had significant cost overruns and production delays.

Outside the Dow, Ford (NYSE: F  ) , General Motors (NYSE: GM  ) and the rest of the automotive industry are expected to post strong December sales tomorrow morning. As you can see below, industry sales look to come in about 5% higher than last year, which would make 2013 the best year for auto sales since 2007 at about 15.6 million vehicles sold.

Information from 

Ford continues to gain market share in the U.S. and widened its brand lead over Toyota as the finishing touches were put on 2013. At the end of 2012 Toyota's brand trailed Ford sales by 322,521; the Blue Oval's lead widened to 388,825 entering December.

One reason for Ford's widening sales margin is its popular Fusion model. Fusion sales increased 22% through November, while Toyota's Camry sales have increased only 1.3%. The Camry still tops the sales chart for cars in the U.S., but the Fusion could continue eating its market share in 2014. The Fusion, in combination with the F-Series and Escape, continues to lead Ford's momentum and that's a trend you can expect to continue when Ford's next-generation 2015 F-150 hits the showrooms this year.

Dividend stocks like Boeing and ford can make you rich
It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.

Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2781504, ~/Articles/ArticleHandler.aspx, 9/4/2015 6:33:47 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Daniel Miller

As a Motley Fool Industrial Specialist, I use my marketing and business background in the automotive industry to evaluate major automakers and other large industrial corporations. Follow me on twitter for tweets about stocks, cars, sports, and anything I find amusing.

Today's Market

updated 9 hours ago Sponsored by:
DOW 16,374.76 23.38 0.14%
S&P 500 1,951.13 2.27 0.12%
NASD 4,733.50 -16.48 -0.35%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 4:35 PM
^DJI $16374.76 Up +23.38 +0.14%
BA $131.02 Up +0.39 +0.30%
The Boeing Company CAPS Rating: ****
F $13.84 Down -0.03 -0.22%
Ford CAPS Rating: ****
GM $29.11 Down -0.10 -0.34%
General Motors CAPS Rating: ***