Streetbeat News

General Electric Company

https://www.geaerospace.com

Industry

Aerospace & Defense

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

Open

176.75

Mkt cap

191B

Volume

4.6M

High

177.92

P/E Ratio

34.90

52-wk high

194.80

Low

175.89

Div yield

0.01

52-wk low

94.31

Jim Cramer expressed positive views on Cava Group, GE Aerospace, Stryker, Lantheus Holdings, and Essential Utilities. Citigroup raised Cava's price target. GE Aerospace and Stryker reported strong earnings. Lantheus and Essential Utilities are set to report earnings soon.

Portfolio Pulse from Avi Kapoor

November 01, 2024 | 12:36 pm

Deadly floods in Spain have caused significant damage, particularly in the Valencia region, affecting key industries like automotive and utilities. Ford's manufacturing plant and Iberdrola's power services are impacted. Construction companies like Ferrovial and ACS may benefit from rebuilding efforts. The iShares MSCI Spain ETF could see volatility.

Portfolio Pulse from Hayden Buckfire

October 31, 2024 | 6:55 pm

GE Aero has seen unusual options activity with 28 trades, split evenly between bullish and bearish sentiments. Analysts maintain a positive outlook with target prices ranging from $200 to $230. The stock is currently trading at $174.25, with a potential oversold RSI indicator.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:30 pm

India is set to impose penalties on General Electric (GE) due to delays in the delivery of fighter jet engines. This development could impact GE's financials and reputation, especially in defense contracts.