Boeing Company (BA) has a huge backlog, says Jim Cramer
Recently released Gim Kramer’s heart gives up on becoming a chair with 10 strains raised.. Boeing Company (NYSE:BA) is one of the stocks Jim Kramer has recently discussed.
Cramer discussed Aerospace Giant the Boeing Company (NYSE: BA) several times at this year’s morning show. He praised the company’s turnaround and was one of the first few to comment on improving cash flow. More recently, the CNBC TV host began discussing the Boeing Company (NYSE: BA) in the context of President Trump’s trade negotiations. In his previous remarks, Kramer commented that Europe would find it difficult to target Boeing Company (NYSE:BA) planes due to a lack of targeting them. This time, he commented on Japan with a promise to purchase the company’s aircraft as part of his trade negotiations with the US.
“Well, that is, the timeline for things is to order planes from Boeing. If Boeing can make EMs, then Boeing has one of the biggest backlogs in history.”
Cramer also believes Boeing Company (NYSE:BA) will report strong quarterly revenue results next week. In his previous appearance, he simply outlined: “Boeing, by the way, is going to have a great quarter.”
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Read next: 30 stocks that double in three years and 11 Hidden AI Strains Buy Now.
Disclosure: None. This article was originally published Insider Monkey.