Why Is Boeing Soaring Today?

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Shares of Boeing finished up more than 5% today after the company released strong earnings numbers. Motley Fool Supernova analyst Matthew Argersinger was pretty impressed by the numbers and is especially surprised that a Dow stalwart like Boeing has moved so much today. Then again, with numbers like 170 commercial airplanes delivered during the quarter -- 23 of which were 787 Dreamliners (double last year's number) -- and $415 billion in its backlog, Matt thinks the company looks strong.

Ready for takeoff?
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!

The article Why Is Boeing Soaring Today? originally appeared on Fool.com.

Neither Fool contributor Mark Reeth, Matthew Argersinger, nor The Motley Fool has a position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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