Boeing (BA) Stock Is Up 22%: Is Now A Good Time To Buy?

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Earlier this week shares of Boeing rocketed 22% on positive vaccine news from Pfizer (PFE). Since June the company's stock has been trading in a downward channel because many investors are afraid to jump to buy given current uncertainty. The stock was trading above $300 before the stock market sell-off back in February, but for months shares have been holding steady at the $150 mark. It appears as if many investors are willing to hold on to the shares that they still own and new investors showed interest after the Pfizer news. Is now a good time to buy stock in Boeing?

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