GE's stock is soaring due to strong earnings and optimistic future guidance from its aerospace division.
1. Blowout Earnings: GE Aerospace reported earnings per share of $1.75, far exceeding analysts' expectations of $1.10.
2. Surging Orders: The company saw a 46% increase in orders last quarter, signaling strong demand for its products.
3. Revenue Growth: GE generated $10.8 billion in revenue, beating forecasts of $10 billion.
4. Wall Street Optimism: Analysts are raising price targets, with some predicting the stock could climb even higher.
5. Industry Momentum: The aerospace sector is experiencing a boom, with GE positioned as a key player.
I'm betting we are close to a pullback and then catapult to New ATH!
1. Blowout Earnings: GE Aerospace reported earnings per share of $1.75, far exceeding analysts' expectations of $1.10.
2. Surging Orders: The company saw a 46% increase in orders last quarter, signaling strong demand for its products.
3. Revenue Growth: GE generated $10.8 billion in revenue, beating forecasts of $10 billion.
4. Wall Street Optimism: Analysts are raising price targets, with some predicting the stock could climb even higher.
5. Industry Momentum: The aerospace sector is experiencing a boom, with GE positioned as a key player.
I'm betting we are close to a pullback and then catapult to New ATH!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.