Three Cheers for Bad News on Boeing: the Naysayers are Making the Stock Cheap

Between defense department budget cuts, cancelled commercial airplane orders and the possibility that a big competitor is about to grow, aerospace company Boeing (BA) isn’t catching any breaks these days, and investors know it. Shares of this Dow component are in negative territory this year, having missed the double digit gains of the rest of the market. But this is just the kind of scenario that could make value investors quite happy.