It’s Time to Start Unwinding This Position
We are also downgrading the shares to a Four rating as we plan our eventual exit.
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| Symbol | Transaction Type | # Shares Traded | Recent Price $ | Shares Owned After Trade | % Portfolio |
|---|---|---|---|---|---|
| BA | Sell | 636 | 172.32 | 500 | 1.5 |
After you receive this alert, the Pro Portfolio will sell 636 shares of Boeing (BA) at or near $172.25. Following this trade, which will cut our BA holdings by ~55% to 500 shares, BA will account for roughly 1.5% of the Pro Portfolio’s assets.
Following the post-earnings decline in BA shares, we’ve bided our time after downgrading them to a Three rating with the goal of using higher prices to commence unwinding the position. Since their intraday low near $165 on October 28, the shares have rebounded some, but after today’s report the company delivered 49 aircraft in October, we are opting to begin that unwinding process.
The reason is that the 49 figure is below the 53 averaged for Q3 2026 and the 57 delivered in Q2 2026. Lower volumes mean less fixed-cost absorption and incremental margin pressure, which also explains why Boeing announced yesterday it would terminate roughly 5% of its Commercial Airplane workforce.
In short, this not only reaffirms the extended timetable to turn Boeing around that led to our rating downgrade, but the October delivery schedule is also a potential warning of even lower deliveries in November and December. We say that given the year-end holidays that tend to result in lower production levels.
While we are booking a loss on this position, we are also starting to build back up the Portfolio’s cash position, which we can use in better positioned companies as the market finds its footing.
As we make this move, we will downgrade the remaining BA shares to a Four rating and use near-term market strength to further unwind the position.
More Pro Portfolio:
- Taking a Healthcare Winner Off the Board
- Tracking 40 Portfolio Signals Across 10 of Our Strategies
- Weekly Roundup: Riding Out the Blue Wave Whiplash With Cash and a Shopping List
(Please note that we are looking to execute these trades at or near the share price mentioned above. Once the trade is completed, subscribers can see the trade’s executed price here. Be sure to toggle the chart to sort by Purchase Date.)
At the time of publication, TheStreet Pro Portfolio was long BA shares.
