Core Insights - Boeing Company (NYSE: BA) has shown a significant recovery with its shares increasing by 37% over the past year despite facing regulatory challenges and production issues [2] - Bernstein has raised Boeing's share price target from $267 to $277, maintaining an Outperform rating and highlighting improvements in the 737 and 787 programs [2] - Boeing secured a $930 million contract from the US Navy in December to extend the service life of certain fighter aircraft, indicating strong demand for its products [2] Group 1 - Jim Cramer has expressed continued confidence in Boeing, praising its CEO for improving cash flow and operational performance [2][3] - The aerospace sector is expected to see demand outstrip supply until 2030, which bodes well for Boeing's future prospects [3] - Cramer noted that despite a previous drop in stock price, Boeing's financial performance has been strong, indicating a potential for recovery and growth [3]
Boeing (BA) CEO is “Amazing,” Says Jim Cramer