Jim Cramer Talked About These 11 Stocks Recently

7. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 52

Cramer recommended starting to buy The Boeing Company (NYSE:BA), as he believes the company is just one quarter away from a significant earnings breakout.

“Want go one step further? It may be a good reason to start buying some Boeing because it’s now only one quarter away from a big earnings breakout. I don’t think most money managers are gonna wait for that to happen. They want it ahead of time.”

Boeing (NYSE:BA) is a major player in aerospace, involved in the design, development, manufacturing, and sales of various products, such as commercial jetliners, military aircraft, satellites, missile defense systems, and space flight programs. After the company reported a loss in its Q3 2024 earnings result, Cramer said:

“The worse Boeing’s financials might be, the better the buy, because as soon as this machinists strike is over and Boeing raises some money, it’ll be back on the road to profitability. Do not get me wrong, this company is in awful shape but only two companies on earth can make commercial aircraft at scale and Boeing is one of them. The demand for planes is off the charts, so they’ll be fine once they raise the cash.”