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Boeing (BA) Stock Rated Buy on Potential 500 Aircraft Deal
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The Boeing Company (NYSE:BA) ranks among the best most active stocks to buy right now. On March 6, Jefferies reaffirmed its Buy rating and $295 price target for The Boeing Company (NYSE:BA), citing reports that the company had entered talks with China to clinch an order for up to 500 MAX aircraft. According to reports, The Boeing Company (NYSE:BA) is exploring the agreement as part of the ongoing trade talks between the United States and China. The order is expected to be issued during President Trump’s April visit to Beijing. Since 2017, Chinese operators have not placed a new order with The Boeing Company (NYSE:BA), though there has been some modest publicly disclosed activity. Additionally, the US Department of War has awarded Boeing a $166.8 million contract to support the Navy’s P-8A systems with software and engineering. The arrangement covers services that include engineering reviews, software maintenance, and modernization activities. The Boeing Company (NYSE:BA) is a global aerospace leader that designs, manufactures, and supports commercial jetliners, military aircraft, satellites, missile defense systems, and space technologies. While we acknowledge the potential of BA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.