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Boeing billionsThe Motley Fool
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78% Informative
Shares of Boeing ( NYSE : BA ) have lost $ 25 in value -- a stock market decline of more than 13% -- as of this writing.
Boeing 's second-quarter earnings were truly awful, with sales down 15% year over year .
The company's cash flow statement showed a cash burn of $4.3 billion in a single quarter .
Boeing has burned through more than $8.2 billion this year , reducing cash reserves to $12.6 billion .
An investment in Boeing is essentially a bet that new CEO Kelly Ortberg can fix what his predecessors have broken.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 641,864 !.
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