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Why This Former NYSE Trader Doesn't Like Boeing's Stock

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Boeing  (BA) - Get The Boeing Company Report has been in the headlines a lot, here's why Real Money contributor Stephen "Sarge" Guilfoyle isn't a fan of the stock. 

But first, let's break down what's happened with Boeing. 

Late December, it was announced that Dennis Muilenburg, who had been the CEO since 2015, was fired. 

Dave Calhoun will be taking over as Boeing's CEO effective January 13, 2020. 

"I did not like management. I was way ahead of the curve on that. I did not like the way the firm was being run. I didn't like the way the information came out too slow or not really the way it should've. I didn't like the news we heard coming from people that worked at Boeing and with military connections, I had heard lousy things about the way the Air Force was receiving their planes. So I really, let's face it, the stock has done wonderful considering what they've gone through...Would I invest in Boeing now? Well, in the defense and aerospace space I still like Lockheed [Martin  (LMT) - Get Lockheed Martin Corporation Report] the best even at these prices," explained Guilfoyle. 

Watch the full video above for more. 

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