What's moving markets (^DJI, ^IXIC, ^GSPC) this morning? Are any companies making a splash today? In this episode of Catalysts, Seana Smith and Madison Mills guide investors through some the morning's prominent market trends, from May's pending home sales data to the hype around tonight's presidential debate. Levi Strauss & Co. (LEVI) CFO Harmit Singh joins the show to discuss what the denim apparel brand has planned to jumpstart its direct-to-consumer segments. Crossmark Global Investments Chief Market Strategist Victoria Fernandez weighs in on the latest jobless claims print and how the Federal Reserve should be approaching labor market data. Top trending stocks on the Yahoo Finance platform include Boeing (BA), Walgreens Boots Alliance (WBA), and Goldman Sachs (GS). This post was written by Luke Carberry Mogan.
If you’re a PR person, I can’t possibly think of a harder job to have right now than working at Boeing. It’s not just clean up in aisle six, it’s clean up the entire store, loading dock and parking lot on a daily — if not hourly — basis.
Based on the average brokerage recommendation (ABR), Boeing (BA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?