Why Boeing Missed the Rally in 2021
The worst is over, but there wasn't much to get excited about in 2021.
With a focus on giant things that fly, Boeing is a leading maker of large commercial jets and a top defense contractor.
| Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
|---|---|---|---|---|
|
BA
Boeing
|
$215.50 | $127B | 1.3% | 46.8% |
|
AXON |
$145.19 | $10B | 16.6% | 498.2% |
|
MIDD |
$197.34 | $11B | 45.0% | 50.6% |
|
TREX |
$116.94 | $13B | 29.1% | 594.8% |
|
HEI |
$149.63 | $19B | 9.3% | 281.3% |
The worst is over, but there wasn't much to get excited about in 2021.
Investors took heart from a positive statement from a key aerospace supplier and a change of sentiment helped the sector early in 2022.
UPS is buying planes again -- and they're Boeing.
Omicron fears continue to roil the airline industry.
The pending recertification of Boeing's 737 MAX in China, along with lessening concerns about the Omicron variant, resulted in the Dow Jones more than making up for yesterday's big sell-off.
China moves toward recertifying the 737 MAX.
New variants mean new uncertainty for the aerospace giant.
Canada rejects Boeing's F-18 fighter jet, and might buy Lockheed's F-35 instead.
2024 is no longer an option. In fact, even 2025 could be a stretch.
Boeing's year-to-date order advantage over Airbus just narrowed dramatically.