The much-awaited re-launch of Boeing Co.’s (NYSE:BA) 737-Max is upon us.
This is a plane that has dominated headlines since October 2018’s devastating crash.
And now, over two years later, American Airlines Group Inc. (Nasdaq:AAL) is set to be the first company to return the plane to commercial service in the U.S., followed by Southwest Airlines Co. (NYSE:LUV) and United Airlines Holdings Inc. (Nasdaq:UAL).
Today, the stock is still over 100% lower than its all-time high of $440, set in March 2019.
Your gut reaction may be to step in now and buy the stock at this current level. But this is where I want to talk about the important difference between “investing” and “trading.”
BA investors have had a rough go the past couple of years. As I just stated, the stock has fallen over 100% since the start of 2019. And zooming in closer, to the past month, things don’t look much better. It’s fallen more than 8% since early December.
Traders, however, have had a great run in the stock over the last month or so – which, believe it or not, is a big factor contributing to BA‘s fast December drop.
See, when traders are moving, so is the stock they’re trading. This leaves the obvious question…
Is Boeing a good stock for investors right now?