This Day On The Street
Continue to site
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

Fly With Boeing's Soaring Returns

NEW YORK ( TheStreet) -- According to Boeing (BA - Get Report), airlines throughout Asia will be the buyers of about 36% of all commercial aircraft, or 12,820 airplanes, during the next 20 years. That represents $1.9 trillion in potential sales.

If that isn't an incentive to buy shares of Boeing, I don't know what is.

Boeing forecasts that for longer-distance routes, its twin-aisle airplanes such as the 747-8 Intercontinental, 777 and the 787 Dreamliner will account for 28% of new airplane deliveries. Boeing's recently launched 787-10 and 777X also will support the demand for fuel-efficient twin-aisle airplanes in this fast-growing area of the world.

No wonder the analysts who follow Boeing, on average, estimate revenue to grow by nearly 12% in the first quarter of 2014. Although they predict earnings per share will be down about 8.7% in the first quarter of the year, EPS will rebound in the second quarter and grow by more than 10%.

Next year the company's EPS is forecast to improve by nearly 12% as the benefits of orders in the Asian region kick in. Its long-term market outlook supports Boeing's optimism. This was underscored by the fact that Singapore Airlines already ordered 30 of the 787-10s at the 2013 Paris Air Show and Cathay Pacific recently ordered 21 of the 777-9X airplanes.

Let's look at a five-year chart of Boeing so you can see the stock's "lift off" and pleasing trajectory.

BA Chart
data by YCharts

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BA $134.80 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs