collected by :John Locas
Anthony Mirhaydari is founder of the Edge and Edge Pro investment advisory newsletters.
I have recommended the Feb $157.50 BA puts to Edge Pro subscribers.
The stochastic indicator has already flashed a sell signal, falling out of an overbought condition after setting a lower high.
Watch for a break of the 50-day moving average after the company reports results on Jan. 25 before the market.
The company was recently initiated with an “underperform” rating by analysts at RBC Capital Markets, citing a historical relationship between the company’s profit margins and the average age of its production platforms.
Boeing Company (The) (BA) Closes 1.06% Down on the Day for January 23
Boeing Company (The) currently has a total float of 617.17 million shares and on average sees 2.97 million shares exchange hands each day.
After opening the trading day at $158.94, shares of Boeing Company (The) traded between a range of $157.29 and $159.50.
For a deeper dive into the fundamentals of Boeing Company (The), check out equities.com’s Stock Valuation Analysis report for BA.
Boeing Company (The) is based out of Chicago, IL, and has 161,400 employees.
GET TO KNOW THE DOWThe Dow Jones Industrial Average is the oldest and most-often cited stock market index for the American equities market.
Boeing (BA) to Report Q4 Earnings
This is not the case here, as you will see below:Zacks ESP: Boeing has an Earnings ESP 0.00%.
Earnings WhispersOur proven model does not conclusively show that Boeing is likely to beat on earnings this quarter.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Leading commercial aircraft manufacturer The Boeing Co. BA is set to release fourth-quarter 2016 results before the opening bell on Jan 25.
In the fourth quarter of 2016, the company’s deliveries were 40, down from 44 a year ago.