Jim Cramer said Boeing (BA) has a huge backlog.
We recently published Jim Cramer abandons 10 shares of stocks to become a feeding chair. Boeing (NYSE:BA) is one of the stocks recently discussed by Jim Cramer.
Cramer discussed Boeing’s (NYSE:BA) aerospace giants several times during his morning show this year. He praised the company for its turnover and was the first to comment on improving cash flow. Recently, during President Trump’s trade negotiations, CNBC TV hosts have begun discussing Boeing (NYSE: BA). Cramer commented in an earlier speech that it is difficult for Europe to target Boeing (NYSE:BA) aircraft due to the shortage. This time, he commented to Japan that the company’s plane will be purchased as part of trade negotiations with the United States:
“Good looking, I mean, the timeline of things is to order aircraft from Boeing. If Boeing could make EM, then Boeing would get one of the biggest backlogs in history.”
Kramer also believes that Boeing (NYSE:BA) will report strong quarterly earnings results next week. In an earlier appearance, he briefly outlined: “By the way, Boeing will have a great quarter.”
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Disclosure: None. This article was originally published in Internal monkey.