Blue Chips - Emma

Boeing BA-

-12.50% YTD

Boeing can now sell planes to Iran.

It is currently $126.30 per stock and has gone down about 0.53% since opening this morning. The Boeing stock went down over 12% since last year, while it appears to be going up again I am still not sure that I would buy it. There is a new deal with Iran that allows Boeing to sell planes to Iran, however, that being said, it doesn’t appear that Iran wants to buy from Boeing, Iran has recently made a deal with Airbus for $27 million (NPR). That being said, though, that doesn’t mean, as mentioned in an article by NPR, that Iran won’t play the two companies off of each other in order to get the best price. However, all of this being said, I would not buy this stock at this very moment, but perhaps later I would, as things with Iran become more clear. Right now, however, I will not be buying the Boeing stock.

Northam, Jane. “Boeing Can Sell Planes To Iran, But Does Iran Want Them?’’ “http://www.npr.org/sections/parallels/2016/02/07/465701118/boeing-can-sell-planes-to-iran-but-does-iran-want-them. 7 February 2016. 4 April 2016.

“The Boeing Company (BA)” http://finance.yahoo.com/q?s=BA. 4 April 2016.

Comment: 25/25 This blog provides all the necessary requirements. Emma does a great job showing that stock is not a great buy at the moment due to decrease in price over the last year and the lack of interest Iran had with the Boeing corporation. However, based on current data, I think our group should have bought Boeing because according to Yahoo Finance, Boeing is currently up at $128.50 and is outcompeting Airbus in this quarter. -Melanie Sabatino