21.05.2014 - Boeing shares continue grow steadily

Boeing's stock price continues to grow after a significant decline in February. The main reason for the demand for the company's shares is a success of the model Boeing 777X, which is 20% more economical than the previous model due to the improvement of the engine and wings. Initial orders for the model totaled 259 aircraft worth more than $ 100 billion. In addition, it is worth noting that at the moment company has 5,100 orders worth around 374 billion dollars, which gives us reason to keep a long-term positive outlook for the company's quotes. An additional favorable factor could be the increase in portfolio of orders from the military due to worsening of relations between NATO and Russia.

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