Boeing Stock Falls 12% in Three Months: Should You Buy the Dip?

Shares of The Boeing Company (BA) have lost 12.3% in the past three months, underperforming the Zacks aerospace-defense industry and the broader Zacks Aerospace sector’s decline of 10.3% and 6.4%, respectively. The company also lagged the S&P 500’s rise of 6.3% in the said time frame.Image Source: Zacks Investment ResearchThe stock’s three-month price return also lagged that of three key commercial jet makers, namely Embraer (ERJ) , Airbus Group (EADSY) and Textron (TXT) . Shares of Embraer surged 14.9%, wh ...