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GE Aerospace (GE) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKSยท 2025-10-29 14:51
Company Overview - GE Aerospace, formerly General Electric Company, is a leading designer, developer, and producer of jet engines, components, and integrated systems for military, commercial, and business aircraft [11] - The company is recognized for its aero-derivative gas turbines for marine applications and has a strong focus on product upgrades and innovation [11] - GE Aerospace operates globally, with a presence in the United States, Europe, Asia, the Middle East, Africa, and the Americas, offering a wide range of products and services [11] Investment Ratings - GE is currently rated 3 (Hold) on the Zacks Rank, indicating a neutral outlook [12] - The company has a VGM Score of B, suggesting a balanced investment profile [12] Momentum and Earnings Estimates - GE has a Momentum Style Score of A, with shares increasing by 3% over the past four weeks, indicating positive price momentum [12] - For fiscal 2025, five analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate rising by $0.30 to $6.17 per share [12] - GE has demonstrated an average earnings surprise of +19.1%, reflecting strong performance relative to expectations [12] Investment Consideration - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GE Aerospace is recommended for investors' consideration [13]