GE Aerospace Soars 110% To 15-Year High — Is GE Stock A Buy?
GE(GE) Investors Business Daily·2024-05-07 02:08
GE Aerospace (GE), the newly minted aerospace and defense pure play, continues to snag new highs amid price-target hikes. Is GE stock a buy?X GE Aerospace LaunchesOn April 2, General Electric split in two — into GE Aerospace and GE Vernova.GE Aerospace, which makes jet engines and aviation systems, kept the GE stock ticker. GE Vernova (GEV) houses a gas power and wind energy business.GE's health care spinoff, GE HealthCare Technologies (GEHC), debuted in January 2023.In 2021, an embattled General Electric a ...