Over the past month Boeing shareholders have encountered more than their fair share of unexpected turbulence.
But is the turbulence a sign to disembark from the stock?
At best, developments were problematic for the company. "There were reports of an inventory glut of Dreamliners," Cramer said . Then, "Shareholders got hit with cracks."
Specifically, Boeing said on Friday that "hairline cracks" had been discovered in the wings of about 40, 787 Dreamliners that were in production.
"Finally, there's the possibility that mechanical problems led to the mysterious disappearance of the Malaysia Airlines Boeing 777."
That a lot of negative catalysts, and the confluence sent some investors running for the exits. Shares of Boeing are down about 4% in only that last 5 days and year to date, the stock is negative by about 10%.