Why Boeing Stock Flew Higher Today
Boeing has good news for investors today, but is it good enough to buy?Boeing (BA 6.39%) stock soared 6.5% through 10:30 a.m. ET Wednesday morning after positive comments from CFO Brian West encouraged buyers to return to the stock.Speaking at a Bank of America Global Industrials Conference, West delivered positive updates on Boeing's increasing 737 production and stabilizing production numbers of 787s, on cost-cutting, and free cash flow as well. Boeing's big updateBoeing burned about $14 billion in cash l ...