Will Boeing shares lift off again this year? [Video]

Giles Coghlan LLB, Lth, MA Financial Source

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rockets, satellites, & telecommunications equipment across the globe. The recent restrictions governments have placed on international travel due to covid-19 are fading away now across the world and airlines are increasingly confident in a return to normal travel numbers.

Boeing shares are entering a strong time of the year. From April 13 through to June 10 the shares have gained eight times in the last fourteen years. The average return has been +6.37% over the last 14 years with a 47.66% annualised growth rate.

Will Boeing shares lift off again this year?

Trade Risks: The main risk to this trade is the stagflationary fears which will mean consumers have less disposable income for leisure travel.

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Author

Giles Coghlan LLB, Lth, MA

Financial Source

Giles is the chief market analyst for Financial Source. His goal is to help you find simple, high-conviction fundamental trade opportunities. He has regular media presentations being featured in National and International Press.

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