By Nigam Arora & Dr. Natasha Arora Signal(s) to enter, add, reduce, exit, hold or change. Boeing represents a long term opportunity.  Here are the key points: Boeing is a duopoly with Airbus for large commercial aircrafts. Air traffic is dramatically increasing in emerging markets such as India, China, Middle East, and Africa.  Boeing is a beneficiary. Boeing has a very large defense business.  The defense business has been troubled, but Boeing seems to be moving past its troubles. Since Russia invaded Ukraine, defense spending has been increasing and is likely to continue to increase. Boeing has an opportunity to convert its