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The Boeing Co. (NYSE: BA) has a proven track record of bouncing back from scandals – and making a whole lot of money for investors.
Take the company's "Dreamliner" battery episode, for example…
In 2013 – the Boeing 787 Dreamliner's first year on the market – at least four planes suffered from electrical system problems stemming from the aircrafts' lithium-ion batteries.
Investors were spooked. They dumped Boeing stock so fast the rapid sell-off knocked $6 billion off Boeing's market value in just one day.
That's when Money Morning Executive Editor Bill Patalon did the unthinkable: He told his readers to buy more Boeing.
Those who listened to him have made 127% off that call.
And those who followed Bill's initial recommendation to buy Boeing shares in September 2011 have enjoyed gains of 177%.
Now, Bill is recommending Boeing stock again.
President Trump's Twitter account, travel bans, labor concerns, and competition are all causing fair-weather investors to flee from the American icon.
But Bill – our champion stock picker who has delivered 217 double- and triple-peak gain winners – sees great profit potential in Boeing's future.