"Although Boeing Co. (NYSE: BA) has had a tremendous run, I'm still a believer," says Glenn Rogers, contributing editor to Gordon Pape's Internet Wealth Builder.

He explains, "Given the crazy markets we are experiencing, I believe Boeing has some defensive qualities that should prove helpful while we wait to see whether we have a recession on the near-term horizon.

"For some time, the upstart European consortium that produces Airbus was kicking Boeing's behind and carving deeply into the U.S. company's market share. Things looked bleak for a number of years.

"Then, someone had the bright idea to launch the 787 Dreamliner, a sleek, fuel-efficient plane that seems perfectly designed for the global warming world of the 21st century.

"Airbus, on the other hand, decided that bigger was better and placed its bets on a Superjumbo jet, the A380. It's a double-deck behemoth that can cram as many as 853 passengers into an all-economy configuration.

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Volatile Markets: Bet on Boeing (BA) originally appeared on BloggingStocks on Thu, 16 Aug 2007 14:28:00 EST. Please see our terms for use of feeds.