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GE - GE Aviation Is Not As Good As The Market Thinks
General Electric Company
GE Stock price
GE (GE) stock reacted very well to the announcement of $55 billion of orders from the Paris Airshow. This is good news but it is not as good as the market thinks. The $55 billion of orders will produce only $18 billion of orders from 2020 to 2025. GE is overvalued and it is a sell.
Wall Street Reaction
Following GE Aviation’s $55 billion in sales, Zacks Equity Research named General Electric as the Bull of the Day, on June 28. It said, “Their aviation group, which focuses on