BA Nov 2024 280.000 call
| Previous Close | 0.5400 |
| Open | 0.6800 |
| Bid | 0.4100 |
| Ask | 1.2500 |
| Strike | 280.00 |
| Expire Date | 2024-11-15 |
| Day's Range | 0.6800 - 0.6800 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 308 |
- Yahoo Finance Video
Buy Northrop Grumman instead of Boeing: Portfolio manager
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye, F/m Investments Senior Portfolio Manager Don Nesbitt shares his stock that could fly and which could face turbulence in the aerospace industry. Nesbitt likes Northrop Grumman (NOC) for its "consistent earnings and sales growth." He also says the company has a strong order backlog and uses free cash flow to return cash to shareholders. He also thinks it has an attractive valuation. Nesbitt cautions, however, that the company risks facing an over-reliance on US government contracts. Nesbitt is less of a fan of Boeing (BA). His first concern, which is a short-term one, is the uncertainty surrounding who will be leading the company after CEO Dave Calhoun steps down at the end of the year. Nesbitt also points to the debt downgrade from Moody's and the lack of a dividend. What could reverse his thesis? Investors shrugging off some of the more near-term concerns or that the leadership shake-up serves as a positive catalyst. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Barrons.comAmazon Stock Is on a Roll. Here’s Why It’s on This Firm’s ‘Best Ideas List.’
Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.
Associated Press FinanceBoeing threatens to lock out its private firefighters around Seattle in a dispute over pay
Boeing is threatening to lock out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and bring in replacements beginning Friday night unless the workers accept the company's last offer on wages. The labor showdown comes as Boeing deals with mounting losses — more than $24 billion since the start of 2019 — and increased scrutiny over quality and safety in its manufacturing since a door plug blew out of an Alaska Airlines Boeing 737 Max flying over Oregon in January. On Friday, Boeing dismissed any safety concerns about the dispute with its industrial firefighters.
