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

181.02

Mkt cap

194B

Volume

4.2M

High

181.02

P/E Ratio

35.28

52-wk high

194.80

Low

176.77

Div yield

0.01

52-wk low

90.13

The article discusses unusual options activity for several industrial stocks, highlighting potential trading opportunities. It provides details on call and put options for companies like GE, LYFT, ZIM, HWM, NVT, BA, BLDR, UAL, RUN, and VRT, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:35 pm

The article highlights unusual options activity for several industrial stocks, indicating potential trading opportunities. Notable bullish sentiment is observed for LUV, BA, DE, and EMR, while bearish sentiment is noted for SPXC, GE, UBER, MSM, and NOC.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:35 pm

Benzinga's Stock Whisper Index highlights five stocks that are gaining investor interest: Okta, Faraday Future, Air Industries Group, GE Aerospace, and Lululemon. Okta and Lululemon are set to release earnings soon, Faraday Future completed a reverse stock split, Air Industries secured a major contract, and GE Aerospace is gaining attention in the defense sector.

Portfolio Pulse from Chris Katje

August 23, 2024 | 4:05 pm

Market strategist Jay Woods identifies defense and cybersecurity sectors as potential winners regardless of the 2024 presidential election outcome. Key stocks in defense include Boeing, Northrop Grumman, General Dynamics, Lockheed Martin, RTX Corp, and GE Aerospace. In cybersecurity, CrowdStrike, Fortinet, Check Point Software, Palo Alto Networks, Cloudflare, and Cisco are highlighted.

Portfolio Pulse from Chris Katje

August 22, 2024 | 7:13 pm

GE Aero's short interest has decreased by 10.68%, with 9.95 million shares sold short, representing 0.92% of its float. This is lower than its peers' average of 3.00%. The decrease in short interest may indicate a more bullish sentiment towards GE Aero.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 3:00 pm

Whales are showing a bearish stance on GE Aero, with 37% of options trades being bearish. The price target for GE Aero is between $100 and $185. Analysts maintain positive ratings with target prices up to $205. GE Aero's stock is currently trading at $171.16.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 7:31 pm

GE Aero (NYSE:GE) has significantly outperformed the market over the past 5 years, with an annualized return of 33.88%. A $1000 investment in GE 5 years ago would now be worth $4,186.03, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 7:30 pm

Recent unusual options activity in GE Aero (NYSE:GE) indicates a bullish stance from big-money investors. Benzinga's options scanner identified 18 uncommon trades, with a majority being bullish. Analysts have issued positive ratings with a consensus target price of $198.33.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 7:21 pm

GE Aero (NYSE:GE) has outperformed the market over the past 5 years with an average annual return of 32.12%, significantly higher than the market average. A $1000 investment in GE stock 5 years ago would be worth $3,890.80 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 9:01 pm

Financial giants have shown significant interest in GE Aero (NYSE:GE) through unusual options activity. Analysis reveals a balanced sentiment with 37% bullish and 37% bearish trades. The options activity suggests a price range of $165.0 to $250.0. GE Aero's current stock price is $161.91, with a neutral RSI. Analysts have given it an average target price of $198.33, with ratings from RBC Capital, Wells Fargo, and Barclays.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:49 pm

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