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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?


To: Dave the wildpitcher who wrote (1658)12/10/2021 1:16:24 PM
From: chowder1 Recommendation

Recommended By
Cogito Ergo Sum

  Respond to of 2146
 
Re: BA ...

I started out with just a $2K sized position. I don't know how long it will take BA to start performing well enough to see a steady rise in share price. My plan is to add to it once it's up about 10% from my buy price. If it rises that much then maybe it has bottomed. What I don't want to do is average down on this company.

I will average down on a company with decent fundamentals but BA isn't there yet in my opinion.

Their Earnings Quality, Operating Efficiency and Balance Sheet are all rated as WEAK. Cash Flow Quality is rated as Very Weak. From a Valuation point of view, it is considered a Low Risk play at this point.

When I start to see those indicators trending higher, I'll add in larger lots.