TheStree’s Action Alerts PLUS Portfolio Manager Jim Cramer believes shares of Boeing are set to move higher following the company’s second quarter profit report. ‘Boeing’s orders are great. Boeing’s profitability is terrific. Operating cash flow is great. The stock is very inexpensive on earnings. I like this group very much.’ Cramer likes the group on the back of comments from United Technologies following their quarterly report on Tuesday and Alcoa’s CEO Klaus Kleinfeld who told Cramer that he expects aerospace to grow by ten percent.
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