Boeing Stock Price (BA)

The Tradu Boeing stock trading guide

What are Boeing stocks?

Boeing stocks (BA) refer to the stock available for public trading from The Boeing Company. Developing and manufacturing products and systems across the aeroplane, defence and space industries, The Boeing Company is a leading aerospace organisation with its headquarters in Virginia.

Founded in 1916, Boeing was originally established as an aeroplane company but now operates under four divisions: Boeing Commercial Airplanes, Boeing Defense, Space and Security, Boeing Global Services and Boeing Capital. The company began trading Boeing stocks on the New York Stock Exchange in January 1962, making its shares available to the public and paying quarterly dividends. The company has split its stock 15 times over the course of its existence, the last time occurring in 1997.

BA stocks are also represented in the Dow Jones Industrial Average index.

The historical performance of Boeing stocks

The Boeing stock price remained fairly even before climbing in value from the early 1990s. It reached its highest price at the beginning of 2019 before dropping again after a second 737 crash in the space of six months. The fleet was subsequently grounded worldwide until the later months of 2020.

Boeing shares also suffered another dramatic fall on the back of the Covid pandemic and have since failed to recover to their previous high. The company has not declared dividends within the past two years but Boeing shares are set to increase in value in the next few years. This is mainly due to the company's turnaround plan and increasingly positive investor sentiment. This could make it a potentially lucrative option for those looking to invest in Boeing stock. The price of Boeing stocks as of August 2023 stood between 222.23 USD and 238.71 USD.

What affects the price of Boeing stocks?

The price of Boeing stock is influenced by a variety of factors and it can fluctuate wildly according to supply and demand, as seen in 2020 during the Covid-19 pandemic when the company was forced to cut 10% of its staff.

Some major factors that contribute to the supply, demand and volatility of Boeing's shares include:

• Safety concerns: Due to the nature of Boeing's products and services, any safety concerns or failures relating to aircraft have an impact on the price of its stock. Demand decreases during times when safety is unpredictable while grounding an entire fleet causes a significant drop in profits.
• Travel industry: The travel industry market in general influences the price of Boeing stocks. If the travel market is booming, then it's likely that Boeing will experience growth in line with this. However, if the travel industry faces a drop in demand, then the BA stock price will also suffer.
• Company news: As with all stocks that are publicly traded, any news announcements from the company will impact the price of BA stocks. This includes news relating to product development, fleet additions, acquisitions, redundancies or profit reports.
• World events: As we have already seen, world events can heavily influence stock prices. These can include health crises, travel restrictions, natural disasters and even geopolitical situations.

How to trade Boeing stocks

Boeing stock trading can be done via two main methods with Tradu, both of which allow you to speculate on the value. These are financial derivatives, which mean that you can trade without owning the underlying asset.

• CFDs: Contracts for difference (CFDs) allow you to buy or sell a contract depending on whether you think the value will increase or decrease. If the BA stock price moves in your predicted direction, you will make a profit equal to the difference between the opening and closing of the contract. If the value moves against your prediction, though, you will make a loss.

These are executed using leverage, meaning you can increase your market exposure with a smaller deposit. Be aware, however, that using leverage can also magnify any losses.

How to invest in Boeing stock

Another option is to invest in Boeing stock by simply buying shares directly. This can be an option if you're looking for a way to capitalise on company stocks over a longer period, often with less volatility. You can invest in BA stock through your Tradu account simply by adding funds and choosing how much you'd like to invest.

However, you cannot use leverage when trading stocks directly and, unlike with financial derivatives, you will own the underlying asset. This means that there are potentially fewer opportunities to profit, especially in bear markets.

Benefits of trading Boeing stocks

• Market exposure: Trading BA stock gives exposure to the shares of a leading company and a constituent of the NYSE and Dow Jones.
• Trade rising and falling prices: Using CFDs allows you to take advantage of both bull and bear markets, giving the opportunity to profit regardless of company performance.
• Leverage: Using leverage can increase your market exposure, amplifying your profits. However, it can also leave you at risk of greater loss.
• High liquidity: Boeing stock is high in volume, offering plenty of trading opportunities.

Drawbacks of trading Boeing stocks

• Market volatility: All markets and industries are at risk of market fluctuations, often as a result of factors outside of their control. As there are potentially many influences that affect the price of BA stocks, it can be difficult to predict values and movement directions.
• Leverage risk: Using leverage to increase your position is not without risk and it's important to understand that any losses can be magnified should the trade not go in your favour.
• Limited market: Unless you choose to trade a variety of industry stocks, opting for just one company can limit your market exposure and opportunity to profit. Rather than risking capital on one constituent, many choose to trade across a variety of markets and industries to diversify their portfolio.

How to start trading Boeing stocks with Tradu

1. Open your account: Open a Tradu account online and begin trading.
2. Develop a plan: Decide on your risk tolerance and trading goals before creating a robust strategy. Consider your preferred markets and available capital.
3. Research Boeing stock performance: Check out the Boeing market share and stock price and increase your trading opportunities with technical analysis.
4. Execute your position: Use CFDs to place your trade. Set stop-loss orders to limit risk and monitor your position before exiting your trade.
5. Expand your trading insights: Discover our range of resources and increase your market exposure.
6. Diversify your portfolio: Build your portfolio by choosing to trade from a selection of other markets including CFDs on indices, forex and commodities.