Tim Seymour, founder and chief investment officer of Seymour Asset Management, said the quality control issues and mechanics’ strikes cut Boeing’s stock by 32% last year, but investors will now make mistakes in order to get out of stocks. Seymour appeared on CNBC’s “Power Lunch” on Friday, sharing his views on aerospace stocks, along with two other stocks that were previously shot down. This is something investors must say. Boeing has managed to make an impressive comeback since last November when Boeing hit $138.14 in 2024. The stock rose nearly 34% from that level until Friday’s closing price. Seymour said that thinking about this surge is not the time to give up on aerospace giants. “I can’t quit Boeing, it’s the wrong time to give up Boeing,” he said. “The reality is, Boeing has to be organized. I think they’ve done it… This company – it’s burning cash, no money, I think it’s It will change.” Seymour emphasized his belief that Boeing should be a free cash-flowing positive in 2026, and that 2025 will be spent “to get to that place by the end of the year”. “Then, I think it’s really a free-flow machine,” he added. CVS Health CVS Health, a company that performed poorly last year, ended in 2024, down 43%. But stocks have begun a new year, up about 47%. CVS reaped about 22% this week after a massive fourth-quarter earnings report Wednesday. The pharmacy retailer had revenue of $97.71 billion in the fourth quarter, with revenue of $1.19 per share. The results exceeded analysts’ estimates of analysts surveyed by LSEG to earn $97.19 billion. Seymour calls CVS “a turnaround story,” attributes much of the company’s success to its recent C-suite changes. Seymour also praised David Joyner, the new CEO who took on the position in October, as he focused on increasing profit margins around Aetna’s health insurance business. “It’s probably a disaster for two or three years…but we only have numbers,” Seymour said. “I think the floor is there. I think there’s a margin story. I think they’ve done the right size of the business.” On the one hand, Seymour picked Intel out as a stock to leave. Intel’s stock fell 60% in 2024, but this week Vice President JD Vance said the United States will defend U.S. artificial intelligence and defend against potential “adversaries.” Despite the Trump administration’s assurance, Seymour said he felt “betrayed” by stocks. “The reality is that this is a rudderless ship. We need the CEO, we need a plan,” he said. “I think you’re disappearing.”
Now is the “wrong time to exit Boeing,” investor Tim Seymour said. This is the reason | Real Time Headlines
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