MMM - GE Aerospace: Strong Q1 And Upside Momentum
2024-05-01 07:56:29 ET
Summary
- GE Aerospace beats estimates and raises forecast for operating profitability in 2024.
- Strong demand for engines and after-market services drives sales and profit growth for GE Aerospace.
- The technical chart shows a bullish and healthy outlook for GE Aerospace, with the potential for further positive surprises.
The stock of GE Aerospace ( GE ) is on a wild upswing and received new fuel last week when the aerospace-focused industrial company beat the Street's estimates easily and raised its forecast for operating profitability in 2024....
GE Aerospace: Strong Q1 And Upside Momentum