Jim Cramer made the following calls on June 28th, 2013. What do you think about his picks?
Boeing Co. (NYSE:BA): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on June 26, 2013. The stock’s 52-week high is $104.15, and its 52-week low is $69.03.
Despite many problems with its Dreamliner 787 plane, the company continues to experience favorable sentiments from the outspoken Cramer. The aerospace industry in general is experiencing nice growth in developing and emerging markets, including China and India, and moreover, the company experienced a very solid 20 percent growth in Q1 2013. Cramer praised chief executive Jim McNerney’s poise in the face of the 787 problems, saying that, “many execs might have run from this one, many execs might have ducked. He never did, he was at the forefront.”