
NYSE:GE
This summary was created by AI, based on 15 opinions in the last 12 months.
The aerospace sector, particularly GE Aerospace, is showing significant potential for growth, driven by increasing defense spending and a robust demand for commercial aircraft. Analysts note the importance of long-term strategies rather than focusing on immediate market volatility. Observations indicate a good earnings growth forecast, with a backlog of orders for jet engines contributing to stable revenue streams. While some experts express caution about valuation levels, the overall sentiment favors continued investment due to the optimistic projections for the aerospace market. The company is positioned well with its maintenance services generating higher margins, suggesting promising future returns.
Their annual report is good-they're playing more offence and he now believes in their wind division. But they need travel to get orders from Boeing which pushes this stock up. He supports the CEO who has cleaned up the balance sheet.
A turnaround story that's broken $10 faster than he expected. GE has a huge tailwind from Boeing, whose 737 Max has now been approved; GE's aerospace business will boom because it makes the 737's engines. This boom will give the CEO breathing space to build up GE's healthcare and power divisions. His renewable business should benefit under Biden. In 5 months, vaccines should allow many people to fly again, which will be a huge windfall for its aerospace business.
It's a mishmash restructuring play. They made a blunder buying back so many shares in recent years. Don't throw more more into this if you own it. Doesn't like how it's been run. Instead, he likes industrials and would buy Honeywell.