Oscar Stock #3 – Boeing (BA)
District 9, the eerie sci fi film by Lord of the Rings director Peter Jackson, is about the marooning of an enormous UFO over
South Africa. The craft’s stranded aliens are placed in a refugee camp near Johannesburg, and things really heat up when a plan is made to move
the extra terrestrials to a more remote location. Though up for the Best picture, District 9 failed to win any of the top Oscars.
When you think of spacecraft, the private company at the front of the line is obviously Boeing (BA).
The company has a long history of leading the aerospace industry and is probably working on some 21st century vessel that’s too top secret for
us to even know about right now. But this much is public record: In late January, Boeing trounced Wall Street estimates last quarter with earnings
of $1.77 per share compared with estimates of just $1.34. A big surprise like this means the company should be flying high for the coming months.
- Poll of the Day