March 26, 2018

For today's bulletin, we take a look at Boeing $BA. We also provide a link to download a FREE STOCK REPORT on the company.

NYSE:BA

VALUATION WATCH: Overvalued stocks now make up 45.70% of our stocks assigned a valuation and 17.13% of those equities are calculated to be overvalued by 20% or more. Nine sectors are calculated to be overvalued.

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--Time To Come Down?

Boeing Still A BUY For ValuEngine

The Boeing Company (BA) is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing has a long tradition of aerospace leadership and innovation. The company continues to expand its product line and services to meet emerging customer needs. Its broad range of capabilities includes creating new, more efficient members of its commercial airplane family; designing, building and integrating military platforms and defense systems; creating advanced technology solutions; and arranging innovative financing and service options for customers.

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It will be an interesting week for investors as the markets have a lot to digest when it comes to the possibility of a US-China trade war. While some proclaim trade wars "easy," it certainly will not be a cakewalk for some industries if things escalate and China decides to retaliate against key US companies.

One example of a vulnerable firm is Boeing. The aerospace giant is just the sort of company that could be knocked off its game if a trade war really takes hold. The Chinese would most certainly try to maximize pain for maximal gain and Boeing presents a juicy target for such a scenario.

The firm is not a commodity producer. Its products are high value and high dollar. It takes a lot of cheap textiles and steel to match the cost of just one Boeing aircraft. The firm's workers are skilled and high-salaried. The jobs the company provides are the sort that elected officials break out every tax incentive and benefit in order to lure them to their states.

For now, we retain a BUY on the company. As always, we remind readers that our quant-based systems run on fundamental financial data, they cannot read the headlines. So, make sure you do your research if you intend to buy this stock "on the dip." We find nothing wrong financially with the company, and we believe it remains a high-quality component for just about any portfolio. However, if China and the US continue down the current path, we could see some damage to this venerable firm.

ValuEngine continues its BUY recommendation on Boeing for 2018-03-23. Based on the information we have gathered and our resulting research, we feel that Boeing has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

You can download a free copy of detailed report on Boeing (BA) from the link below.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	323.34	0.73%
3-Month	326.20	1.62%
6-Month	339.43	5.74%
1-Year	349.04	8.74%
2-Year	376.39	17.26%
3-Year	376.86	17.40%

Valuation & Rankings
Valuation	28.60% overvalued	Valuation Rank(?)	12
1-M Forecast Return	0.73%	1-M Forecast Return Rank	93
12-M Return	81.09%	Momentum Rank(?)	95
Sharpe Ratio	1.38	Sharpe Ratio Rank(?)	96
5-Y Avg Annual Return	31.13%	5-Y Avg Annual Rtn Rank	94
Volatility	22.53%	Volatility Rank(?)	65
Expected EPS Growth	18.44%	EPS Growth Rank(?)	46
Market Cap (billions)	228.85	Size Rank	100
Trailing P/E Ratio	25.82	Trailing P/E Rank(?)	49
Forward P/E Ratio	21.80	Forward P/E Ratio Rank	26
PEG Ratio	1.40	PEG Ratio Rank	24
Price/Sales	2.45	Price/Sales Rank(?)	43
Market/Book	555.46	Market/Book Rank(?)	1
Beta	1.39	Beta Rank	22
Alpha	0.50	Alpha Rank	94

DOWNLOAD A FREE SAMPLE OF OUR BOEING (BA) REPORT BY CLICKING HERE