Posts for Ticker ‘BW’

Boeing Suppliers Not Chasing Boeing News (BA, SPR, BEAV, HON, COL, LMIA, TIE, PCP, GE, ETN, PH, BW)

Boeing 787 ImageThis morning’s news out of Being Co. (NYSE: BA) about the 787 Dreamliner setting a maiden flight date before the end of this year and scheduling preliminary deliveries into Q4-2010 is really getting the love put back into Boeing shares.  In mid-morning trading the stock is actually up over 7% or $3.50 at $51.32 and it has already seen its average daily volume surpassed.  But where this gets interesting is that so many of the key Boeing suppliers for the 787 Dreamliner are trading down.  Precision Castparts (NYSE:PCP) and Spirit Aerosystems (NYSE:SPR) are both up significantly with the news and Rockwell Collins (NYSE:COL) is up, but the rest of the lot is either up marginally or is trading lower with the overall market.

Posted on: August 27, 2009 – 11:15 am in Aerospace, Trading Alert, Transports, , , , , , , , , , , ,

Cramer Outlines Long-Term Growth in Aerospace

On today’s Wall Street Confidential video on TheStreet.com, Jim Cramer says that aerospace stocks are great buying opportunities on down market days like today and yesterday.  Aerospace is tied into a long-term cycle, not really part of the stock market.  Honeywell (HON) is even better than Boeing (BA). BEA Areospace (BEAV) is great on the interiors for planes.  Other great aerospace plays he gave were Brush Engineered Materials (BW), Allegheny Tech (ATI), Precision Cast Parts (PCP), and AAR Corp. (AIR).  He also gave some defense names, but the main point was on the long-term growth trends. 

For some conjecture, let’s hope that idf things ever slow down too much that waves of order cancellations don’t come into play like they have in past down-cycles.  If that happens, Cramer will probably remember that these aren’t permanent growth engines.  To prove a point, BEAV traded well under $5.00 at the lows during the last down-cycle in the sector.

Jon C. Ogg
June 6, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: June 6, 2007 – 1:37 pm in Aerospace, Cramer, , , , , , ,