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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

3/23/20

Boeing (BA) gets an upgrade. Boeing is jumping over 10% after Goldman upgrades to a buy with a $173 price target. Boeing is also temporary suspending production operations at its Puget Sound area facilities in light of the state of emergency in Washington state.

Chip stocks look good. Intel (INTC) is up 5% as production comes back online in many of the Asian manufacturing areas. Intel last week stated they are maintaining a rate of on-time delivery currently above 90% for its products through the COVID-19 pandemic. Pretty amazing.

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