Boeing Co (BA): Today's Featured Aerospace/Defense Winner

Boeing ( BA) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 1.4%. By the end of trading, Boeing rose $1.31 (1.3%) to $104.20 on light volume. Throughout the day, 3,663,411 shares of Boeing exchanged hands as compared to its average daily volume of 4,993,900 shares. The stock ranged in a price between $102.75-$104.20 after having opened the day at $103.70 as compared to the previous trading day's close of $102.89. Other companies within the Aerospace/Defense industry that increased today were: Exelis ( XLS), up 4.3%, Astronics Corporation ( ATRO), up 4.1%, Moog ( MOG.A), up 3.1% and LMI Aerospace ( LMIA), up 3.0%.

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 $77.0 billion and is part of the industrial goods sector. Shares are up 36.5% year to date as of the close of trading on Wednesday. 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 Boeing as a buy. The company's strengths can be seen in multiple areas, such as its 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.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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