These 3 Stocks Could Soar Under Their New CEOs
CEOs make a difference. And for different reasons, investors in these three companies will hope that their new leaders will make a tangible difference in improving performance.
William Brown took over as CEO of 3M (NYSE: MMM) on May 1 and has significantly influenced investors' thoughts about the company. Kelly Ortberg will take over as CEO of (NYSE: BA) on Aug. 1, and Johnson Controls (NYSE: JCI) recently announced it's searching for a new CEO. Here's how new leaders could potentially improve these companies.
Brown's presentation on the second-quarter earnings call clarified that he intends to restructure the company fundamentally. He said that 3M's organic growth had been below par for several years, and that the keys to improving it are new products driven by an increased focus on research and development (R&D) and a rigorous approach to operational improvement.
Source Fool.com
Boeing Co. Stock
The stock is one of the favorites of our community with 42 Buy predictions and 4 Sell predictions.
As a result the target price of 221 € shows a positive potential of 35.35% compared to the current price of 163.28 € for Boeing Co..
