Thursday, May 26, 2005

Bill Cara: Capital Markets & Social Equity

Bill Cara: Capital Markets & Social Equity

Boeing has made a giant move for a big stock, however, I urge sellers to proceed with caution. We have never had international commerce to the extent we have today. For example, I know of a relatively small NC furniture company whose management have been making frequent trips to China. CAL has recently added flight after flight to international locals.

In the past, Boeing has performed well during the second half of an economic expansion. Short-term, BA may decline in price a little. My family does not own the stock but as long-term investors, although this stock would not be our first choice, we would be comfortable buying at today's price.

Selling anything in a bull market can be the biggest financial mistake you will ever make. Stocks can easily go up 25% in price this year.