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Non-Tech : Airline Discussion Board
JETS 25.69+3.1%Nov 12 4:00 PM EST

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To: Moonray who wrote (1400)10/7/2020 1:19:54 PM
From: handyman  Read Replies (2) of 1868
 
I guarantee politicians are not going to let giant furloughs of airline employees to last very long. It would be political suicide. Flying will be back much sooner than projected and airline stocks can easily go up 30/49% and still be below 52 week highs.

I am a buyer of Boeing on every dip and will continue to do so until it reaches $200. 52 week high is 378.70 and I fully expect to double my money in the next two years. The risk/reward is excellent. America must have a vibrant thriving plane maker and will do everything in its power to see that it is so.

People say the market is too high but I think Boeing is way too low given where they were pre-pandemic and crashes. When the pandemic is over and the 737max is cleared to fly investors will jump back in with both feet. Meanwhile gov’t contracts are looking at record levels until people feel safe to fly in great numbers again.
I can see that within the next year. Since the market looks out 6 to 12 months now is the time to buy.
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