Better Buy: Boeing or All 30 Dow Jones Stocks?
Few investors would deny that aircraft maker Boeing (NYSE: BA) is more attractive now than it's been in nearly two years. After a 20-month worldwide grounding of its once-lauded 737 MAX, the beleaguered passenger jet finally got the green light to take to the skies again. The company's dented reputation began to fly again, too. Factor in the prospective end to the damage the COVID-19 pandemic has caused the air travel industry thus far, and Boeing could almost be called a buy.
And some investors have done just that. Boeing shares are now up more than 60% since the end of October, with many betting big on the 737 MAX's return to service -- and sales.
But given all we still don't know about the pandemic's future as well as Boeing itself, there are a couple of reasons investors may be better served by buying a batch of blue chips rather than buying into Boeing. An exchange-traded fund like the SPDR Dow Jones Industrial Average ETF Trust (NYSEMKT: DIA) is arguably the kind of holding that makes more sense headed into 2021.
Source Fool.com
