This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

5 Rocket Stocks to Buy as Stocks Bounce

Stocks in this article: HALTMOELCSCOBA

Boeing

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

It's been a mixed bag for Boeing's ( BA) business in 2013. But that hasn't stopped the aerospace giant from seeing its share price balloon this year. BA's stock price is up more than 32% year-to-date, with shares taking out the $100 mark in Friday's session. This Rocket Stock's upside doesn't look likely to fizzle out in the near-term.

>>3 Big Stocks on Traders' Radars

Boeing manufactures aircraft and aerospace components for the commercial air travel and defense sectors. The biggest blemish on Boeing's track record this year has been the grounding of the firm's new 787 Dreamliner platform, which has experienced battery problems early on in its service life. With a fix worked out for the 787 that's received the all-clear from aviation officials around the world, Boeing should be able to put the issues behind it -- particularly because the airframe's issues didn't cause a more serious outcome.

On the defense side of the business, Boeing enjoys some lucrative projects right now, even if it constantly deals with a gun at its head in the form of the budget debate. The mission-critical nature of Boeing's contracts should make it less susceptible to the worst cuts, but investors should remember that defense if half of BA's business -- it could take a hit on the next swipe of a congressional pen. Less conspicuous offerings, such as the introduction of a next generation 737 with new, more efficient engines, should be huge sales drivers in 2013 as airlines continue to focus on cutting their biggest cost, fuel.

With rising analyst sentiment in BA this week, we're betting on shares.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs