#6 - Boeing (NYSE:BA)
The Boeing Company (NYSE: BA) gives less risk-tolerant investors a way to invest in the flying car sector. Boeing is one of the companies that are providing its expertise to the emerging eVTOL industry.
The company is one of the investors in Wisk. This start-up is testing its Generation 6 autonomous eVTOL, which the company describes as the “most advanced, autonomous, four-passenger eVTOL air taxi in the world.” Boeing is also bringing its expertise to bear in the Boeing Aerospace & Autonomy Center at MIT, which opened in October 2022.
Investing in Boeing gives you exposure to the company’s commercial airline business, which has been dragging down the stock for several years. But you’re also investing in one of the leading companies in the growing space economy.
The bottom line is that Boeing is a company that has a presence in many areas of the aerospace industry. Analysts are bullish on the 12-month outlook for the stock, making this an ideal time to take a closer look at BA stock.
About Boeing
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.
Read More - Current Price
- $146.71
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 15 Buy Ratings, 7 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $206.00 (40.4% Upside)
