We recently published 10 Stocks On Jim Cramer’s Mind As He Gives Up On Becoming Fed Chair. The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer recently discussed.
Cramer has discussed aerospace giant The Boeing Company (NYSE:BA) several times in his morning show this year. He has praised the firm’s turnaround and was among the first few to comment on its improved cash flow. More recently, the CNBC TV host has started discussing The Boeing Company (NYSE:BA) in the context of President Trump’s trade negotiations. In his earlier remarks, Cramer commented that Europe would find it difficult to target The Boeing Company (NYSE:BA)’s planes due to a shortage. This time, he commented on Japan promising to buy the firm’s aircraft as part of its trade negotiations with the US:
“Well look I mean the, the timeline of thing is to order planes from Boeing. If Boeing could make em, it would, Boeing’s got one of the biggest backlogs in history.”
Cramer also believes that The Boeing Company (NYSE:BA) is going to report strong quarterly earnings results next week. In an earlier appearance, he simply outlined: “By the way, Boeing’s gonna have a fantastic quarter.”
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Disclosure: None. This article is originally published at Insider Monkey.