Stock Watch
WATCH: Stock picks — Boeing and Airbus
Independent analyst Liston Meintjes and David Shapiro from Sasfin Securities talk to Business Day TV
01 August 2019 - 12:36
Independent analyst Liston Meintjes chose Boeing as his stock pick of the day and David Shapiro from Sasfin Securities chose Airbus.
Meintjes said: “I think the story is very simple. I looked at Boeing when the first plane fell out the sky and it was at a price $100 higher than a year ago. I said surely this thing is going to fall and it went down $5 (by the way, it’s the largest stock in the Dow by a long way). And next thing another plane falls out the sky and it goes down another $5 so it’s still $90-$100 higher than it was a year ago before they had these problems.”..
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