Better Buy: General Electric vs. Boeing
The two industrial giants General Electric (NYSE: GE) and Boeing (NYSE: BA) have a lot in common. Not only are they partners in aviation, but they have both seen better days. Both stocks require investors to take a long-term outlook and have the stomach to tolerate some significant volatility ahead. Let's take a closer look at which is a better buy.
The case for buying both stocks seems relatively straightforward. Both companies are heavily reliant on commercial aviation for their earnings and cash flow, and therefore both companies can be seen as "aviation recovery" plays. In other words, you can get to buy into two stocks that are being heavily discounted because of the negative near-term impact of the coronavirus pandemic on air travel.
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Source Fool.com