10 Best Transportation Stocks to Buy According to Hedge Funds

2. The Boeing Company (NYSE:BA)

Number of Hedge Fund Investors: 96

The Boeing Company (NYSE:BA) is among the Best Transportation Stocks. It is a major aerospace and defense company. Its main business segments include global services, space and security, military, and commercial aircraft. Boeing’s commercial jet segment competes with Airbus in the production of aircraft capable of carrying more than 130 passengers. The company’s defense, space, and security division makes military aircraft, satellites, and weapons, competing with Lockheed, Northrop, and other companies. Airlines can receive aftermarket support from Global Services.

The Boeing Company (NYSE:BA)’s significant backlog, which includes many years of production for its most popular aircraft, adds to optimism regarding the overall demand for aerospace products.

Following years of safety and manufacturing issues, Boeing Company (NYSE:BA) is making headway in its recovery, notably by focusing on core industries and improving output, which is driving a significant stock rise to 2025. Its monthly 737 MAX deliveries are scheduled to grow from 17 at the end of last year to the high 30s.

Moreover, The Boeing Company (NYSE:BA) plans to generate positive cash flow in the second half of the year, confirming improved operational efficiency and strong product demand. Despite spending more than $14 billion, the company’s cash flow may improve as a result of boosting production rates, which include building 38 aircraft every month. According to the company’s half-trillion-dollar backlog and rising aircraft orders, its long-term prospects as an industrial powerhouse remain promising.