[原创] Can Boeing continue to go up without end?

not4weak

(Boston, MA, Oct 11, 2017) 2017 is a weird year in that this is the most hated market ever in history, and it is unprecedented (as an unprecedented populace president got elected like a miracle).  One of the leading contributing stocks to the DOW JONES is Boeing company  (261.75 +0.31 (0.12%)), which went up more than 60% this year alone. The popularity of Boeing 787 (dreamliner) and high demanding missile defense system instigated by the "rocky man" Kim Jung En from North Korea helped greatly to the baseline of Boeing company. In fact, all the military industrial companies got lifted by the big mouth Trump. Domestic and international demands of warplanes, defense system have gone up significantly.

But can it go up forever even though an analyst gave a $300 target?  I highly doubt about it. The reason is that these numbers could be just a one time ticket. It is hard to imagine that the spending on defense can go on forever. The 787 Boeing big aircraft line could possibly be their best for a long while.

Once the earning growth gets to a plateau (right now 11.41 is the annual earning with a PE of 22), the stock price will not resist the lure of gravity and plummet from the stratosphere down to earth.