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All of this news has prompted me to see where Boeing stock is at. Beyond the expected decline in price, I was more interested to find out how parabolic BA's pri

All of this news has prompted me to see where Boeing stock is at. Beyond the expected decline in price, I was more interested to find out how parabolic BA's price rise has been in the last 5 years. Side note: I tried finding a site that would let me link out to a chart showing the full price history of BA. It's surprisingly difficult to find.

Obi_Juan_Kenobi 8y ago
https://www.tradingview.com/symbols/NYSE-BA/ https://www.tradingview.com/symbols/NYSE-BA/ Make sure you use a log Y-axis when looking at historical data. Steady compound gains (even just from inflation) will make any chart look like a 'hockey stick' otherwise. You're almost always more interested in relative price movement, not absolute. Gains from 2016 have been good, but that likely reflects the clear success of the Boeing over Airbus's new aircraft.
- kaycebasques 8y ago
  I'm aware of the nature of compounding returns and inflation. Compare BA to other companies that have been publicly listed for a long time. KO, CAT, MMM, IBM, and so on. BA has had a markedly-parabolic rise over the last 4 years.
nostrademons 8y ago
Basically they bet right on where the future of commercial aviation is going: more direct flights rather than hub-and-spoke connections, smaller jets that the airlines can fill completely, fuel efficiency is critical, and the air travel industry as a whole would recover after a pretty miserable first decade of the millenia. Their main competitor, Airbus, bet wrong, investing heavily in the A380 which hasn't found much of a market. That's been reflected in their profits lately: 787 and 777 sales have been quite robust, while A330/A350/A380 orders have been anemic.
- kaycebasques 8y ago
  Good insight, thank you!
ww520 8y ago
BA went up a lot in last couple years because there weren't any competition left and the demand for air travel has skyrocketed. They got 5000+ backorder for 737Max alone for regional. Then Airbus bowed out of the long distance market, leaving it to Boeing's 787. The current fiasco certainly will put a damper to their stock，but there's simply no other choice for new planes. They will bounce back. Disclosure: I shorted/put BA yesterday morning
- gsnedders 8y ago
  > Then Airbus bowed out of the long distance market, leaving it to Boeing's 787. What? They have the A330neo and A350, the only wide-bodies they don't really compete with are the 747-8 and 777-9X.

Obi_Juan_Kenobi 8y ago

https://www.tradingview.com/symbols/NYSE-BA/ https://www.tradingview.com/symbols/NYSE-BA/ Make sure you use a log Y-axis when looking at historical data. Steady compound gains (even just from inflation) will make any chart look like a 'hockey stick' otherwise. You're almost always more interested in relative price movement, not absolute. Gains from 2016 have been good, but that likely reflects the clear success of the Boeing over Airbus's new aircraft.

kaycebasques 8y ago
I'm aware of the nature of compounding returns and inflation. Compare BA to other companies that have been publicly listed for a long time. KO, CAT, MMM, IBM, and so on. BA has had a markedly-parabolic rise over the last 4 years.

nostrademons 8y ago

Basically they bet right on where the future of commercial aviation is going: more direct flights rather than hub-and-spoke connections, smaller jets that the airlines can fill completely, fuel efficiency is critical, and the air travel industry as a whole would recover after a pretty miserable first decade of the millenia. Their main competitor, Airbus, bet wrong, investing heavily in the A380 which hasn't found much of a market. That's been reflected in their profits lately: 787 and 777 sales have been quite robust, while A330/A350/A380 orders have been anemic.

kaycebasques 8y ago
Good insight, thank you!

ww520 8y ago

BA went up a lot in last couple years because there weren't any competition left and the demand for air travel has skyrocketed. They got 5000+ backorder for 737Max alone for regional. Then Airbus bowed out of the long distance market, leaving it to Boeing's 787. The current fiasco certainly will put a damper to their stock，but there's simply no other choice for new planes. They will bounce back. Disclosure: I shorted/put BA yesterday morning

gsnedders 8y ago
> Then Airbus bowed out of the long distance market, leaving it to Boeing's 787. What? They have the A330neo and A350, the only wide-bodies they don't really compete with are the 747-8 and 777-9X.