Core Insights - General Electric (GE) has a long history of innovation and has recently experienced a resurgence in its stock performance after a significant decline during the Great Recession [1][3][4] Company Overview - GE was founded in 1892 by Thomas Edison and has been a pioneer in various fields including hydroelectric power, aviation, and healthcare [2] - The company underwent a major restructuring in 2021, splitting into three publicly traded entities: GE Aerospace, GE Vernova, and GE HealthCare Technologies [4] Performance Analysis - GE Aerospace has shown the strongest performance among the three entities, with a stock increase of 727% over the past five years, while GE Vernova increased by 417% and GE HealthCare only by about 20% [5] - GE Aerospace reported a market capitalization of approximately $321 billion and revenue exceeding $35 billion last year, with expectations to rise by 16% to nearly $41 billion this year [6] Recent Financial Results - In the third quarter, GE Aerospace reported adjusted revenue growth of 26% to $11.3 billion and earnings growth of 44% to $1.66 per share, surpassing Wall Street expectations [8] - New orders increased by 5% to $10.3 billion, with defense revenue experiencing a significant jump of 26% [8]