This Analyst is Bullish on Boeing (BA) - Here's Why

We recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Boeing Co (NYSE:BA) is one of the stocks that Wall Street analysts are discussing these days.

Tim Seymour, the founder and Chief Investment Officer of Seymour Asset Management, named Boeing Co (NYSE:BA) as his stock pick during a recent program on CNBC.

“Boeing. I tell you what, let’s get more deliveries. Let’s get more cash flow,” he said.

Boeing Co (NYSE:BA) shares are up 28% so far this year. The company is starting to make a comeback amid new orders. It recently received a massive 225-plane order from Turkish Airlines and a 30-plane order from Norwegian Air Shuttle. Orders for CH-47 helicopters, F/A-18 jets, and a $700 million tanker deal are also increasing hopes for defense revenue growth.

While we acknowledge the potential of BA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.