Boeing just had a decent month. They booked 135 new orders in April, deliveries ticked up, and the quarterly loss wasn't as bad as expected. Analysts are still bullish, with price targets around three hundred. Yet, I can't shake the feeling that something's off. The wiring issues on the 737 Max aren't going away. They're still laying people off in defense. And Airbus is still delivering more planes. The backlog is huge, over six thousand planes, but every time things start looking okay, another problem pops up. I've been burned before, and I don't trust this one yet.
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