Updating The Non-Correlateds: Boeing And IBM Trying To Become Relevant Again

Boeing stock has traded in a range between $140 and $150 on the low side and $250 on the high side for the last 6.5 years, and after last week's bombshell that disclosed that $10 billion in free cash flow likely won't be seen by shareholders until 2029, the stock is making its way back down to the low end of the 6.5-year trading range. After an 18-year secular bull market, holding a stock that is down 62% from its early 2019 high of $446 should help assuage the potential of BA really falling much further after its drop in 2019. IBM reported revenue, operating income and EPS growth in Q3...