GE Aerospace Silences the Doubters -- Here's Why the Stock Is a Buy
GE(GE) The Motley Fool·2024-07-31 18:30
Investors worried about the impact of reduced production expectations at Boeing and Airbus will have been reassured by the aerospace giant's latest earnings report.GE Aerospace (GE -1.41%) covers nearly all the bases. Given its position as the leading airplane engine manufacturer and engine aftermarket service company, it stands to profit whether the market is trending toward original equipment manufacturing (OEM) as Boeing and Airbus produce planes, or whether the aftermarket is trending stronger.Here's ho ...