Boeing’s Stock Soars, but Analyst Warns of Turbulence Ahead

Boeing’s stock rose 10% last week, including a 3% jump on Friday after securing a major fighter jet contract from the White House. However, Oppenheimer analyst Ari Wald advises caution for investors despite this recent outperformance. Wald expresses skepticism about Boeing’s long-term trend, noting a pattern of lower highs since 2019, and suggests he wouldn’t support the stock if it experiences a pullback

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