Cramer advises against Boeing shares as war risks and AI spending weigh on market
Jim Cramer says Boeing (NYSE:BA) is currently trading in line with geopolitical tensions, despite previous optimism about its 2026 potential.
On 6 June 2026, financial commentator Jim Cramer advised investors against purchasing Boeing shares, stating the stock currently trades in line with the war and that travel demand may suffer. Cramer warned that increased AI-related spending could create near-term headwinds for the market. Although he previously expressed optimism about Boeing's potential in 2026, he maintained that the stock should not be touched until the conflict ends or prices fall further.
The advice was delivered during a broadcast segment where a caller sought guidance on acquiring additional shares without violating their existing cost basis. Cramer responded firmly, stating, "I don’t want you to do it... Right now, Boeing trades with the war, okay? ... You can’t touch it… I’m not going to let you buy it until it goes lower or the war ends, okay?"
Cramer attributed Boeing's current trading behaviour to investor sentiment that travel will be hurt by the war, despite noting the company designs and builds commercial aircraft, defence systems, satellites, and space technologies. He described the stock as being "stuck in purgatory because of the war," contrasting its current stagnation with the broader market dynamics.
This cautious stance marks a shift from Cramer’s comments on an episode aired on 1 April, when he expressed optimism about Boeing, stating he thought the company would be "one of the big stocks of 2026" and that it "can run." At that time, he had discussed the stock with colleague Jeff Marks and felt the company was "refreshed and ready" to perform well.
While acknowledging the potential of Boeing as an investment, Cramer suggested that certain artificial intelligence stocks offer greater upside potential and carry less downside risk. He noted that increased spending on AI could create headwinds for other sectors, including aerospace, as capital flows shift.
The commentary comes amidst a backdrop of significant geopolitical and market activity. US stock markets rose on the day of the US-China summit in Beijing, with the Dow Jones Industrial Average gaining 0.8%, the S&P 500 rising 0.3%, and the Nasdaq Composite climbing 0.2%. Nvidia shares surged more than 2% following news that the US approved H200 chip sales to Chinese firms.
The summit, which commenced on 14 May 2026, involves President Donald Trump and President Xi Jinping focusing on trade, AI, and Iran tensions. The broader market rally has not translated into immediate buying interest for Boeing in Cramer’s view, as he continues to advise patience until the geopolitical landscape stabilises.
