facebookShould I buy Boeing shares? Is the market right for an investment in air travel considering the current Covid-19 virus? - Seedly

Ho K W

21 Mar 2020

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Should I buy Boeing shares? Is the market right for an investment in air travel considering the current Covid-19 virus?

What is the intrinsic value of Boeing? how do you calculate this? What are some other considerations that I should have when looking at stocks?

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Kenneth Lou

12 Mar 2020

Co-founder at Seedly

This is an interesting one, I just saw this news on the online publications: https://markets.businessinsider.com/news/stocks...

A year ago, Boeing's market value was nearly $200 billion more than Tesla's. Since, the company has been weighed down by two fatal crashes and the global grounding of its popular 737 Max airplane.Β 

  • Tesla is now the highest-valued industrial company in the US, as its market capitalization overtook Boeing's on Wednesday.

  • Tesla's market value was about $114 billion during intraday trading Wednesday. Boeing had a market value of about $110 billion at the same time. ​​​

Definitely not now..aviation and oil industry in downtrend.. plus the scandals. Boeing is not expected to make more sales soon.

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