7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

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BA
The Boeing Company
NYSE
179.33
Open 173 Prev Close 178.85
High 178.90 Low 172.25
Volume 10,221,028 Volume (Avg) 7,862,813
52 Week High 278.57 52 Week Low 93.56
Market Cap 149.4B PE Ratio -51.04

Shares Stats

Shares Outstanding583,640,000
Shares Float532,666,741
Shares Short9,284,018
Insider Holdings12%
Institution Holdings52.89%

About The Boeing Company

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating and finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was founded in 1916 and is based in Chicago, Illinois.

General

NameThe Boeing Company
TickerBA
ExchangeNYSE
SectorIndustrials
IndustryAerospace & Defense
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees141,000

Highlights

Analyst Target234.59
Market Cap149,446,852,608
PE Ratio-51.04
PEG Ratio6.53
EBITDA6,560,000,000

Financials

Curr Year EPS Estimate-0.33
Next Quarter EPS Estimate-0.62
Profit Margin-0.20
Return on Assets-0.04
Revenue58,157,998,080
Earnings Per Share-20.88
Revenue Per Share102.21
Gross Profit-1,690,000,000
Quarterly Revenue Growth-0.15

Valuation

Forward PE243.90
Price/Sales (Trailing 12 Mt.)2.58

Earnings

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