Wed. Mar 22nd, 2023

If you are someone new to the field of investment and looking to increase your earnings through this route of investment, the stock market is the place to go!

Also referred to as the share or equity market, it acts as an association for buyers and sellers representing ownership affirmation of businesses. Individual retail investors as well as corporations all trade in their own shares in the market with chances of gaining and losing money both.

What is NASDAQ?

The part of the stock market that is inclusive of all stocks listed on the NASDAQ stock market is what we refer to as the Nasdaq composite. It is among the top three most followed stock-market indices in the United States.

It is a global electronic market for the buying and selling of securities. To enable investorsto trade securities in an automated and computerized way with the help of a speedy, transparent system, Nasdaq was created by the National Association of Securities Dealers (NASD) in the year1971. The term, “Nasdaq” is also used to note the Nasdaq Composite, which is an index of more than three thousand stocks that have been listed on the Nasdaq exchange which is inclusive of the world’s leading technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, and Intel.

The Boeing Company

An American Multinational Company that produces designs and manufactures airplanes and its parts as well as rotorcrafts, satellites, rockets, telecommunications equipment, and missiles worldwide, it was founded on 15 July 1916 in Seattle, Washington, with its headquarters now at Chicago, Illinois.It is considered to be the world’s largest aerospace company and one of the leading providers of commercial airplanes and security systems.

NASDAQ BA Status Quo               

The Boeing Company falls in the capital goods sector in the Aerospace industry with a one-year target of $175.00 currently. It has an Earnings per share of $-5.05 with a P/E ratio of -16.62.

It shares a rather competitive market arena that is driven by investors with a large number of alternative investment securities that help them pick capital commitment candidates.

The aerospace giant is an investor with its proffered capital arm Horizon holding a $20 million minority stake.

In the past week, NYSE: BA at along with other giants such as JP Morgan Chase and Home Depot were listed to be among the best-performing stocks in the Dow at the end of a volatile week for the stock market. Having shown an increase by 7.72%, Boeing (BA) confirmed on Thursday the shutting down of the production of its 787 Dreamliner jets in Everett, Washington and the consolidate production of the aircraft in Charleston, S.C.

Boeing had earlier stated that it was studying options to handle a slowdown in the demand for the 787 during the coronavirus pandemic. The Boeing plant in Everett, Washington, managed to make about 15 wide body jets a month at its peak. You can check more stocks like NYSE: UBER at before investing.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.