Despite a Few Loose Wires, The Boeing Company (BA)’s a Bargain

Valuation
How fast is The Boeing Company (NYSE:BA) growing? Analysts say earnings will grow upwards of 13% annually over the next five years. Meanwhile, the company’s stock sells for just 10.2 times trailing free cash flow. That suggests that Boeing is stock is cheap even if growth is not accelerating.

Now, add on a 1.8% dividend tailwind, and I think the investors who sold Boeing shares last week have made a big mistake. This stock is a bargain, and despite a few issues with its newest plane, The Boeing Company (NYSE:BA) won’t just survive. It’ll downright thrive.

The article Despite a Few Loose Wires, Boeing’s a Bargain originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.