Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Boeing fell $1.24 (-1.0%) to $117.50 on average volume. Throughout the day, 4,036,873 shares of Boeing exchanged hands as compared to its average daily volume of 5,144,600 shares. The stock ranged in price between $116.37-$117.90 after having opened the day at $117.35 as compared to the previous trading day's close of $118.74. Other companies within the Aerospace/Defense industry that declined today were:
), down 3.9%,
), down 3.2%,
), down 2.6% and
), down 2.1%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $89.8 billion and is part of the industrial goods sector. Shares are up 57.9% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Boeing a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Boeing Ratings Report.
On the positive front,
), up 4.3%,
), up 4.0% and
), up 1.6%.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
) while those bearish on the aerospace/defense industry could consider
- Find other investment ideas from our top rated ETFs lists.