Why I think you should invest in Boeing (BA/NYSE)
Boeing is an airline manufacturer that has been around for a really long time. They manufacture anything air related from military, commercial, space, satellite, to missile defense. When looking for a smart investment, it is wise to make sure that a company is stable, and has shown growth over its lifespan. There are many companies that look like they would be good to invest in, because the price is low or other factors, but the real question is how long will they be around. Will you ever even break even on them? How many times have people bought stock in some type of electronic related company (Microsoft being the exception) and actually received a nice return? Not very many. With Boeing's long history of success in business, they are a good choice and you can currently (March 23,2011) get a share of their stock for just $72.72. The good news is that the yearly projected value is set at $82.48, up about $.87 from the last close, according to the market. That is a fairly decent return on investment in just one year.
Consider how many people travel by air each year. College kids that are going on spring break or back home for holiday breaks, business trips, family vacations, the list goes on. What other companies contribute to such a huge, and demanding business. Boeing truly stands behind their business with a ton of pride and dedication and this will show to investors on their good return on investment. Military is also a very large segment and they need to have both fast and safe forms of travel. People should realize that the military will only contract out with the cream of the crop when it comes to what will be used to transport their personnel and allow them to accomplish their missions. Boeing puts this same safety technology in its commercial line of jets, which is why it is the most commonly known jet. Every time you ask someone about a plane they flew on, it seems they mention Boeing 747 or another model.
However, like all investments, Boeing has experienced ups and downs in share price. It does appear to be making a climb back up the market, as shares were available between $40 and $50 each in the last year. The good news is that the shares have been up over $100 several times in the company's span. Imagine buying several shares at $72.72 today and seeing them increase to over $100 in a few years. In the air travel business anything can happen in a matter of days, and with their history if they come out with some new technology to make planes even safer and more efficient your return on investment would sky rocket.
To further evaluate Boeing, consumers should check out their income statement, which appears to be in good shape. They show a revenue of around $64 billion and a gross profit of around $12 billion. Boeing would be a great investment.