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My Top 2 Megacap Stocks to Buy After GE Aerospace's Latest Pullback [Yahoo! Finance]
Last ge aerospace earnings: 4/30 04:02 pm
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US:NYSE Investor Relations: ge.com/investor-relations/overview
That slump came despite the megacap delivering a strong fourth-quarter report. Revenue and earnings per share (EPS) rose by 18.9% and 32%, respectively. When the company announced earnings on the morning of Jan. 22, the stock actually fell by 3.6% from opening to closing. What gives? Well, some of that had to do with profit-taking by investors using the news to unload the stock , which some saw as being overpriced after a run-up of more than 57% over the prior year. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » More recently, the steep rise in oil prices is turning investors against GE Aerospace because its main customers -- airlines -- will be adversely affected by higher fuel costs. The thinking is that high fuel costs will lead to deferred maintenance by airlines or a slowdown in new aircraft orders. Wh
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- Is General Electric (GE) Fairly Priced After Recent Share Price Pullback? [Yahoo! Finance][Yahoo! Finance]
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