The Boeing Company (NYSE:BA) is one of the stocks Jim Cramer recently talked about. Cramer noted that the company reported a “great quarter with beautiful cash flow,” as he commented:
“Now, I felt the same way about Boeing. Now, here’s a stock that just hit a 52-week high after giving you almost a double from its low in April. Thank you, Kelly Ortberg. And even though it reported a great quarter with beautiful cash flow, the stock still got hit today. But unlike all the others, just call me a buyer of that one.”
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Boeing (NYSE:BA) manufactures and services aerospace and defense products, including commercial jetliners, military aircraft, satellites, missile systems, and space exploration technologies. On July 21, Cramer suggested buying more of the company stock, as he said:
“Get more Boeing. Get more Boeing. They report this week. I think it’s going to be a terrific quarter. Let the stock come in. If it comes in down, let’s say it comes to $220, here’s what you want to do: [buy, buy, buy] Pull the trigger.”
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Disclosure: None. This article is originally published at Insider Monkey.