Boeing Stock Faces Fresh Crisis
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Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
Boeing Co. Chief Executive Kelly Ortberg finds himself in a familiar role — facing another crisis — this time a crash involving the company’s marquee 787 Dreamliner jet in India that killed more than 240 people.
Just as Ortberg was gaining momentum at Boeing, the deadly crash of an Air India 787 to London underscored how difficult it remains to restore confidence in the embattled planemaker