On Monday a Japan Airlines 787 aircraft flying to San Francisco from Tokyo made an emergency landing at Honolulu Airport after oil pressure in the right engine dropped. The glitch in the plane comes days after Boeing said it has to inspect 42 undelivered 787 planes for hairline cracks in the wings due to a manufacturing problem.
On Sunday Boeing announced it put together a technical assistance team to help investigate the disappearance of the Malaysia Airlines 777 plane.
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TheStreet Ratings team rates BOEING CO as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate BOEING CO (BA) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow."