Jim Cramer on Boeing Stock: Health, Deliveries, and Market Potential

Boeing's Financial Health and Valuation

• 💡 A Rothschild Redburn report suggests Boeing is becoming healthy again, with a price target raised to $275 from $180.
• 📈 Historically, Boeing traded at 18 times cash flow in 2018, and returning to that multiple could signal a substantial stock price move.
• 📊 The stock has already seen an 11% increase over the past year, indicating some positive momentum.

Delivery Expectations and Government Approval

• 🎯 Current expectations are for Boeing to achieve significant delivery numbers: 63 737s and 14 787s per month.
• ✅ These delivery targets are seen as achievable and are numbers the government will permit them to reach.

Potential Stock Impact and Cramer's Outlook

• ⚠️ A problem with the 787, even without a fatality, could temporarily hurt the stock.
• 🚀 Cramer believes that despite potential short-term issues, the stock is a buy and that the current valuation does not fully reflect its potential.
• 💬 Cramer expresses a very positive outlook on the stock.