EADSY - Airbus: This Stock Is Plane Awesome

2024-06-17 10:51:02 ET

Summary

• Airbus SE is a dominant player in the commercial aerospace sector, with strong growth potential and a pristine balance sheet.
• The company is strategically investing for long-term growth, with a significant order backlog and bullish production outlook.
• Airbus offers a compelling opportunity for diversification, with a potential for high double-digit dividend growth in the future.

Please note that when I wrote this article, the EUR/USD exchange rate was roughly $1.07.

Introduction

Last week, I wrote an article on LVMH Moët Hennessy - Louis Vuitton ( OTCPK:LVMUY ), one of the largest luxury retailers in the world.

This stock had suffered after investors got worried about growth in markets like China and the decision of French President Macron to hold new elections after the surprising strength of right-wing parties during the latest EU elections....

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