
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.
Struggling. Restructuring since the financial crisis. Trying to repair balance sheet. Aircraft still struggling, and too early to tell how long it will take to recover. Look at Raytheon instead. Defence is doing exceptionally well, plus aerospace and security exposure. Exceptionally well run.
Morgan Stanley's CEO expects positive cash flow in the second half of 2020. The stock rallied over 10% today after that statement, which he finds incredible. However, he doesn't know anyone who expects positive cash flow from GE. Expect Honeywell and 3M to go up along with this, at least tomorrow.
Still on the sidelines. CEO is respected. Its engine business is being impacted with Boeing. Not sure what earnings and cash flow profile will be a year from now.