I Say Boeing Stock Is a Buy, and Boeing Agrees

Updated

Last week, Fool contributor Rich Smith argued that Boeing should follow in the footsteps of Northrop Grumman and buy back more of its stock. Just a few days later, Boeing seems to have agreed. In a recent investor presentation, its CFO promised investors that at the same time as it maintains an $11 billion war chest, the company will devote 80% of its free cash flow to returning wealth to its shareholders.

Dividends, buybacks -- there are several options for Boeing if it wants to give money back to its owners. So why does Rich think buying back Boeing stock is the way to go? Listen in as he explains.

Boeing operates as a major player in a multitrillion-dollar market in which the opportunities and responsibilities are absolutely massive. However, emerging competitors and the company's execution problems have investors wondering whether Boeing will live up to its shareholder responsibilities. In our premium research report on the company, two of The Motley Fool's best minds on industrials have collaborated to provide investors with the key, must-know issues surrounding Boeing. They'll be updating the report as key news hits, so don't miss out — simply click here now to claim your copy today.


The article I Say Boeing Stock Is a Buy, and Boeing Agrees originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Northrop Grumman. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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