With the commercial aviation industry set to embark on a multi-year recovery, it makes sense to start thinking about which aerospace stocks could benefit. Given Boeing‘s (NYSE: BA) dominant position in the industry, it’s probably the first port of call for curious investors. With that in mind, let’s take a look at where Boeing could be in the next five years.
The commercial aviation industry is attractive right now. Granted, the pessimists will focus on the inherent risk of ongoing lockdowns and travel restrictions due to the pandemic. However, the optimists will point out that air traffic data is improving. Also, the management of a slew of leading aerospace companies such as General Electric and Raytheon Technologies (NYSE: RTX) is forecasting a multi-year recovery.