The Boeing Company (BA) Strengthens Global Aerospace Leadership With Dreamliner Production and Next-Gen Aircraft Programs

The Boeing Company (NYSE:BA) is one of the defense & aerospace stocks gaining from rising geopolitical spending. On January 20, analysts at UBS reiterated a Buy rating on The Boeing Company (NYSE:BA) with a $275 price target. According to the research firm, positive trends are emerging around the aerospace giant with 787 Dreamliner production.

For the 30 days ending January 9, there was a 69% year-over-year increase in Dreamlifter flights, implying a significant increase in components to Boeing’s Charleston assembly facility. The flights imply a production rate of 5.4 aircraft per month. Before a typical slowdown, Dreamlifter flights reached a high of 7.4 per month for the first time since December 2020.

On December 20, Ethiopian Airlines ordered 9 Boeing 787-9 Dreamliners as it looks to expand its international network, which currently serves 145 destinations. Meanwhile, the US Federal Aviation Administration insists it is not the roadblock to Boeing securing certification for two new variants of the Boeing 737 MAX. The agency insists it has devoted resources to ensure the company gets the smaller 737 MAX 7 and larger MAX 10 planes certified.

The Boeing Company (NYSE:BA) designs, manufactures, and sells commercial airplanes, military aircraft, and space/defense systems, while also providing extensive aviation services, support, and training globally, serving airlines and governments in over 150 countries as a leading aerospace manufacturer and U.S. exporter.

While we acknowledge the potential of BA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Organic Food and Farming Stocks to Buy Now.

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