NYSE:BAAerospace & Defense
Boeing (BA) Stock Still Trades At A Discount As It Gains 6%
Boeing stock has climbed about 6.1% over the past month, and current checks suggest it is not clearly cheap or clearly expensive, while a Discounted Cash Flow (DCF) intrinsic value estimate points to the shares trading at a 43.3% discount to that model.
The roughly 6.1% gain in the past 30 days puts Boeing on the radar again for investors who care about whether recent momentum is backed up by valuation.
Recent headlines around the Archer Aviation deal and regulatory scrutiny of the 737 MAX...