Week of March 18, 2024
Last week brought more troubling news (news, as in multiple cases of cause for concern) for the iconic plane maker, Boeing. The stock price, trading near its 52 week low in an otherwise rising market, forces investors to take notice of how once dominant companies can so easily go off course (recall, this was one of the company’s featured in the 1994 seminal business book “Built to Last” by famed management consultant, Jim Collins). Buyer Beware. Our Signals remained unchanged this week.
Bob Bilkie, CFA