Better Buy: Boeing vs. Airbus
The cases for buying stock in Airbus (OTC: EADSY) and Boeing (NYSE: BA) are pretty similar. While the commercial aviation industry has been dealt a severe blow by the COVID-19 pandemic, it will surely recover over time, and investors are getting an opportunity to buy into the stocks at a significant discount. Let's take a look at which of the two stocks is a better buy on a risk/reward basis.
Many industry insiders are estimating that commercial aviation won't return to 2019 levels of activity until 2023. Indeed, Boeing CEO David Calhoun said as much on the last earnings call: "[W]e currently estimate it will take around three years for travel to return to 2019 levels. And it will be a few years beyond that for the industry to return to long-term growth trends." Meanwhile, Airbus CEO Guillaume Faury thinks it will happen "somewhere between 2023 and 2025."
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Source Fool.com
