General Electric: Strong Value Plus A Catalyst (Rating Upgrade)

Sundry Photography General Electric (NYSE:GE) reported quarterly earnings for 4Q-23 on Tuesday which beat estimates: The industrial company said it earned $1.03 in adjusted profits, handily beating the Street’s $0.89 estimate. The EPS outlook for 1Q-23 is what caused General Electric’s stock price to slump 3% in trading before market open on Tuesday. Nevertheless, the conglomerate is seeing robust order strength, particularly in its Aerospace segment which has started to shine in 2023. The energy infras ...