GE Aerospace

GE

Market cap $338B

General Electric Company (GE) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

GE Aerospace is investing heavily in MRO and manufacturing expansion to support long-term engine demand growth.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Joby Aviation Inc (NYSE:JOBY) for its "terrific spec," and the US federal government is investing in drones. The stock has almost doubled in value this month, after reporting its first-quarter results on May 5.

GE Aerospace (GE) closed the most recent trading day at $320.84, moving +1.14% from the previous trading session.

Recently, Zacks.com users have been paying close attention to GE (GE). This makes it worthwhile to examine what the stock has in store.

GE Aerospace has not ​seen airlines pull ‌back on engine maintenance or parts orders ​despite higher fuel ​prices and softer flight ⁠departures, CEO ​Larry Culp said on ​Wednesday, signaling continued strength in the aircraft engine ​maker's high-margin ​aftermarket business.

GE Aerospace is seeing strong engine demand and defense contract wins that continue to fuel order momentum.

RTX's strong aerospace demand, record backlog and lower valuation may give it an edge over GE Aerospace in the defense race.

GE (GE) reported earnings 30 days ago. What's next for the stock?

GE Aerospace's Defense & Propulsion unit is gaining from strong military contracts and rising defense demand, supporting continued growth momentum.