Thursday, March 14, 2013

(Blog 2) Blue Chips - Boeing

Written By: Paul Neyman

Boeing Stock


Boeing stock over recent days has been more or less stable. Today's high and low (3/14/13) has stayed within the 84-86 dollar limit, but stock over the last six months has risen significantly by almost 10 dollars, and over the last year the total increase was about six dollars, reaching the current high of about 85 dollars, and the low about 9 months ago at 68 dollars. Boeing isn't going anywhere; it's currently a defense contractor and selling civilian aircraft to everybody worldwide.

They created a new battery system (http://www.wired.com/autopia/2013/03/faa-approves-boeing-flight-test-plan-for-new-787-battery-system/) for civilian aircraft that will no doubt be sold in mass quantities, and even though their spike was in 2007 before the big market crash, followed by a dramatic drop in 2008-2009, the value of the stock shortly went back up, and current trends still show an overall stable increase; especially over the last 5 years, going from about 26 dollars up to the current value of about 84.




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