THE BOEING CO. $134 - New York symbol BA

THE BOEING CO. $134 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 729.2 million; Market cap: $97.7 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.boeing.com) announced that it now has 5,100 commercial planes on back order. In all, these deals are worth $374 billion. In addition, the order backlog at its military operations is $67 billion.

The total order backlog of $441 billion is equal to 5.0 times Boeing’s likely 2014 revenue of $89.0 billion. The company expects to earn between $7.15 and $7.35 a share this year. The stock trades at a still-reasonable 18.5 times the midpoint of that range.

Boeing is a buy.

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.