Keep holding them for your future gains: Boeing Co., Nordstrom Inc. and Idexx Laboratories Inc.

Article Excerpt

BOEING CO. $306 remains a hold for investors. The aircraft maker (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 563.2 million; Market cap: $172.3 billion; Price-to-sales ratio: 2.3; Dividend yield: 2.6%; TSINetwork Rating: Above Average; recently told investors that it would suspend production of its 737 Max airliners. That plane remains grounded following fatal crashes in Ethiopia and Indonesia, but it once supplied 30% of the company’s sales. Boeing is now working on a software update that would let pilots override the 737 Max’s autopilot system and fly it manually. Problems with the autopilot software likely played a role in the two crashes. Aviation regulators in the U.S. and other countries have yet to approve Boeing’s new software, but the company says the plane could begin flying again in mid-2020. 737 Max production would likely then take two years to reach regular levels of about 40 planes a month. But Boeing’s revenue would accelerate sooner, once it starts delivering…

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