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Boeing
On the contrarian theme of companies getting rocked by bad news or events, Boeing Aerospace may be the Mother of all Contrarian plays. These companies are to be avoided if they involve cooking the books(accounting) or faking drug test results by pharmacies.
The grounding of the 737 has impacted the company severely, as it probably should. Now today their Starliner astronaut capsule failed a test flight. Yahoo named Boeing, the worst company of the year, not sure why Yahoo is taking shots at any other company. I still believe this to be a good company. I would like to see some more downside before venturing into this company. Since just about everyone on Wall street has BA downgraded, they are probably not at their bottom yet.
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