EADSY - Boeing: How I'm Playing The Potential $4.7 Billion Buyout Deal For Spirit Aerosystems
2024-07-04 02:36:28 ET
Summary
- Boeing shares remain a strong buy for me, but there is a potential deal arbitrage opportunity now.
- Airbus recently reduced production guidance, which could be another buying opportunity in the aviation industry.
- Boeing faces a potential guilty plea over 737 Max crashes, the CEO search continues, and Boeing shares could remain volatile.
I last wrote about Boeing ( BA ) back in March 2024. At that time, Boeing shares were trading at around $182, and the stock is trading at $185 now. My last article was bullish and I remain bullish. Even though the stock price is essentially right where it was in March, a lot has happened in the past few months and certain events have caused me to change my strategy with this stock. In this article, I want to cover some key developments and as a result, how my investment strategy is changing. The biggest new development is a potential deal for Boeing to buy Spirit AeroSystems ( SPR ), but there are also a lot of other new developments and updates to make since my last article, so let's get into all of this now:...
Boeing: How I'm Playing The Potential $4.7 Billion Buyout Deal For Spirit Aerosystems