Boeing News Roundup: Jim Cramer Says Buy!
This probably would've been worth more to the aerospace giant in those days before The Daily Show made Jim Cramer the poster child for irresponsible financial press cheerleading. But for those who think he got a raw deal or just like to keep tabs on him, CNBC's manic market-watcher says a (predicted) plunging dollar makes The Boeing Company a most definite a buy!
Meanwhile, Airbus maintained its lead over Boeing, though Airbus could be hurting pretty bad if big customer AIG—yup, that one—decides to cancel its order. Boeing's sent the Dreamliner to crash-course fat camp, as it's currently 8% overweight, which could lead consumers to demand discounts. And American Airlines is testing a more fuel-efficient way to fly Boeing planes, ascending and descending more gradually and using GPS to take a more direct route. Today in bipartisanship: Donkeys & Elephants joining hands...over Boeing war planes! By contrast, Patty Murray and Jeff Shelby battled over tankers. Finally, the roster of the state Boeing council.
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