Boeing (BA) Just Took A “Major Turn,” Says Jim Cramer

Core Insights - Boeing's CEO, Kelly Ortberg, recently discussed the company's performance and challenges in an interview, highlighting the importance of free cash flow and ongoing labor issues [2] - Jim Cramer expressed a belief that while Boeing has potential, certain AI stocks may offer better investment opportunities with higher returns and lower risks [2] Company Performance - The interview with CEO Kelly Ortberg followed the company's earnings report, where he acknowledged challenges but emphasized a significant turning point for Boeing [2] - Ortberg's leadership style is noted to be stronger compared to previous leaders, particularly in handling union negotiations and labor disputes [2] Market Context - The discussion around Boeing's stock comes amid broader conversations about AI investments, with a suggestion that some AI stocks may be more attractive than Boeing at this time [2] - The mention of ongoing strikes and labor issues indicates potential operational risks for Boeing, which could impact its financial performance [2]