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Boeing Fell Back Below $200 Ahead of a Strike Deadline. Here's Why I'd Buy the Fear After New Contracts Were Signed
The Motley Fool·
Boeing stock has declined 11.3% over the past month and 26.7% from its 52-week high, but the author sees buying opportunity. The company averted a labor strike with 17,000 engineers and recently secured major defense contracts including development of next-generation carrier-based fighter jets and the F-47 to replace the F-15. Despite commercial aircraft challenges, the defense segment and government contract wins present potential upside.
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