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Boeing (BA) Looks Good: Stock Adds 6.3% in Session
The Boeing Company (BA - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 22.6% in the past one-month time frame.
The upmove came after the company reported better-than-expected fourth-quarter 2018 results.
The company has seen three positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Boeing. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Boeing currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
The Boeing Company Price
The Boeing Company Price | The Boeing Company Quote
Another stock worth considering in the Aerospace - Defense industry is Northrop Grumman Corporation (NOC - Free Report) which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is BA going up? Or down? Predict to see what others think:Up or Down
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