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Why this CIO is bullish on two of the most unloved stocks: Boeing and GE

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This CIO explains why Boeing stocks are a buy.

Although impeachment proceedings have engulfed Washington, D.C. in recent weeks, the political jockeying has been largely ignored by investors. Meanwhile, the coronavirus outbreak has similarly left markets largely unscathed as stocks continue to hover near their all-time highs.

Why Boeing and General Electric are buys in this marketBoeing and GE are among the most unloved stocks in the market. Over the past two years, the stocks are down 9% and 22%, respectively, during a period where the S&P 500 is up 19%. “Boeing is a good company,” Kramer continues. “It's been a good company. I'd rather be in a 737 than an Airbus any day of the week; just ask any pilot you know. It's like the difference between a Yugo and being in the best F-150 Ford pickup there is out there.”

 

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