Buy Boeing Before the Bounce Is Baked in and Complete
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Predictably, much of the near-term bull case for Boeing stock, revolves around the company's ability to get the 737 MAX kinks worked out and get the jet back in the skies. On Wall Street, the consensus expectation is that the 737 MAX could be airborne again before the end of this year, though some doubter put that timeline into 2020. Too deep into 2020 and some risks could emerge for Boeing stock. At the very least, here and now, progress is being made.
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