Did Buffett Scoop Up Shares of Boeing Without Us Knowing?

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By Austin Smith Published
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Did Buffett Scoop Up Shares of Boeing Without Us Knowing?

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Boeing’s appeal to Warren Buffett is bolstered by its strong brand, quasi-monopoly status, and significant defense operations, which benefit from ongoing global conflicts and defense spending. With substantial cash reserves, Buffett may consider investing in Boeing (NYSE: BA) | BA Price Prediction soon, especially as the company’s stock could stabilize or become more attractive due to potential whistleblower testimonies. The next few months are critical for assessing Boeing’s market position and potential investment opportunities.

 

Transcript: 

Yeah. Something else people sometimes forget is that Boeing deep down is a defense company.

Right.

And there are enough wars or, you know, warlike situations in the world. So if you’re a defense contractor, the next five years could look pretty good for you.

Oh, absolutely. And, you know, there’s a constant flow of money from around the world, and you’ve seen the money that’s gone, you know, I mean, ostensibly the money for Ukraine, and it ostensibly is going right back to American arms manufacturers and defense contractors. So, yeah, absolutely.

Yeah, and as NATO moves weapons over, a lot of that weaponry has been sold to the NATO countries by U.S. manufacturers.

Right. That part of Boeing should continue to do pretty well. So let’s do this. I think if Buffett’s going to do something with Boeing, it’s probably going to be in the next few months. He’s going to wait maybe a little while, but I don’t think things are going to get worse at Boeing. They’re going to go sideways. So if he’s going to do something, I think he’ll probably do it soon. So let’s come back to this in a couple months. Let’s see where Boeing is trading. And maybe Buffett will surprise us and he will have already started to move in.

Right. Well, and we’ll see if there’s more whistleblower testimony that maybe is the final punch in the face to knock the shares down to a point where he’s willing to go in.

Yeah, that’s true.

 

 

 

Photo of Austin Smith
About the Author Austin Smith →

Austin Smith is a financial publisher with over two decades of experience in the markets. He spent over a decade at The Motley Fool as a senior editor for Fool.com, portfolio advisor for Millionacres, and launched new brands in the personal finance and real estate investing space.

His work has been featured on Fool.com, NPR, CNBC, USA Today, Yahoo Finance, MSN, AOL, Marketwatch, and many other publications. Today he writes for 24/7 Wall St and covers equities, REITs, and ETFs for readers. He is as an advisor to private companies, and co-hosts The AI Investor Podcast.

When not looking for investment opportunities, he can be found skiing, running, or playing soccer with his children. Learn more about me here.

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