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Forbes
11 hrs

The “Dog Days” Of Summer Are Not Causing Boeing To Sweat

1. Boeing's stock surged 37% this year as production nears capacity. 2. Aircraft deliveries exceeded analyst estimates, with July showing 37 MAXes delivered. 3. Production cap of 38 MAXes per month, rising to 42 pending FAA approval. 4. Chinese market crucial; 10% backlog deliveries are to Chinese airlines. 5. Strike in defense unit hampers potential, but operational cash flow positive.

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FAQ

Why Bullish?

Boeing's strong stock performance and delivery rate suggest positive market sentiment, despite risks from labor disputes. Historical data show that production increases often correlate with stock price gains.

How important is it?

The article discusses significant production milestones and market sentiment shifts affecting BA's stock directly, indicating high relevance and potential impact.

Why Short Term?

The positive developments in the aviation sector could boost stock in the near term as operational stability improves, while labor issues can impact longer-term growth.

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