Jim Cramer explains why Boeing is a buy even after a troubled quarter: ‘They’ll be fine once they raise the cash’

Jim Cramer from CNBC believes that despite Boeing’s recent financial losses, it is still a good buy because there are few competitors who can manufacture aircraft at scale. He acknowledges that Boeing is in a tough spot, with issues in its commercial and defense businesses, quality concerns, and a ongoing machinists strike. However, Cramer believes that once Boeing raises money and resolves these issues, it will bounce back due to high demand for planes. He recommends waiting for a secondary offering to buy Boeing stock for the best opportunity. While the company faces challenges, Cramer thinks it has the potential to succeed in the long run.