There’s so much uncertainty around Boeing’s future that its stock has fallen 30% year-to-date, making it the right time to start buying up shares, UBS analysts say in a research note. That short-term shakiness can be chalked up to potential regulatory actions in response to the company’s recent woes, impacts on production of its MAX models and questions around the certification of those planes, making the stock tough to own for existing investors, the analysts say. But on a multi-year horizon, the stock still makes sense as new aircraft demand remains at record levels and supply challenges are poised to keep the market undersupplied for years to come, the analysts say.

Boeing might sell part of its defense business, Bloomberg reported Tuesday. Wall Street, and investors, will be interested in any sale. It’s too early to tell exactly what might be sold so, for now, investors should prepare and watch for what’s next. Boeing didn’t immediately respond to a request for comment about the Bloomberg report. Boeing’s defense business — which it calls Boeing Defense, Space & Security — generated about $25 billion in 2023 sales and an operating loss of about $1.8 billion. It was the second consecutive annual loss for the unit. Fixed price contracts and higher-than-expected inflation have been an issue for many defense contractors in recent years. In the five years before the pandemic, the business generated an average operating profit of about $2.3 billion a year, corresponding to a profit margin of about 9%. Wall Street expects sales to hit about $25.6 billion in 2024, up