Fast Money 360: A Bullish View On Boeing (BA)

On CNBC's Fast Money, Alex Hamilton of C.K. Cooper said that he is a buyer of The Boeing Company

into the earnings. He explained that Boeing (

) is in the first stage of a multi year up cycle. He believes that strong orders from Farnborough Air Show support that view. Alex Hamilton thinks that Boeing (

) will come a little bit short of the consensus, but he added that he is not a buyer because of this quarter or the next quarter, he is a buyer because of the multi year up cycle. Carter Worth of Oppenheimer is also bullish on this stock. He likes Boeing (

) because it showed relative strength during the recent sell-off. It continues to track its 150-day moving average, and Carter Worth believes that it will respond well to the earnings report. Brian Stutland talked about Boeing (

) from the perspective of an options trader. He said that there was a lot of bullish activity in Boeing (

), and traders were buying out of the money calls, and selling out of the money puts. We didn't see a rise in volatility when the stock traded lower. This makes Brian Stutland bullish on Boeing (

), and he is a buyer. Guy Adami has a contrarian view on this stock. He believes that it might stall here. The Boeing Company

gained 0.92% today, and closed at $68.85.