Pick Boeing Stock Over GE?
Boeing(BA) Forbes·2024-09-05 18:00
GE Aerospace logo is seen during defense industry exhibition in Kielce, Poland on September 3, 2024. ... [+] (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesGiven its better valuation, we believe that Boeing stock (NYSE: BA) is a better pick than its peer GE stock for the next three years. GE stock trades at a higher multiple of 2.9x revenues, versus 1.3x for BA. GE Aerospace’s better profitability and financial position largely support this gap in valuation. However, we think t ...