Diamonds and Dogs

12/18/24

Nowhere to go, but up. Boeing (BA) is up a percent as they restart production of their 767 and 777 in Seattle after the long strike. Last week, Boeing said they were expanding their Charleston SC plant with a billion dollar investment. Boeing was also upgraded last week as Wall Street is warming up to the stock, hoping it takes off again in 2025.

General Mills (GIS) is lower on earnings. The maker of Cheerios actually beat earnings by 18 cents as sales rose 2.7% to $5.24 billion, but then lowered sales guidance for 2025 . The company is being cautious going into the new ear as many consumers are very price conscious right now. On the plus side, the company is making strides in their pet food division with their Blue Buffalo brand.

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