General Electric: LEAP Engine Fuels Aerospace Growth; Buy The Stock Before The Spin-Off
GEGE(GE) Seeking Alpha·2023-12-29 20:24

jetcityimage/iStock Editorial via Getty Images General Electric (NYSE:GE) has unveiled its plan to spin off GE Vernova and introduce GE Aerospace at the start of the second quarter of 2024. Despite this change, GE Aerospace will maintain its listing on the New York Stock Exchange under the familiar ticker symbol 'GE.' I believe GE Aerospace represents a profitable and structurally sound growth business. Consequently, I recommend investors consider acquiring GE shares before the spinoff, initiating coverage ...