Which Battered Blue-Chip Stocks Are Most Oversold?

Which Battered Blue-Chip Stocks Are Most Oversold?

Reuters

Leasing giant AerCap says Boeing will ‘bounce back’

DUBLIN (Reuters) -The head of the world’s largest aircraft leasing company threw his weight behind Boeing on Monday and said the jetmaker would overcome a spate of industrial and certification problems. “Clearly Boeing has got its own issues, but Boeing is a tremendous company that’s helped build the world for the last 100 years and I would never write them off, they still build great airplanes,” said Kelly, whose firm is one of Boeing’s largest customers. Shares of Boeing fell to a nearly 1-1/2 year low last week after the U.S. planemaker posted a quarterly loss, unveiled $2.7 billion in charges and added costs and expressed doubts over hitting 737 MAX delivery targets.

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