GE Aerospace Benefits From Aviation Rebound

5 days ago

Valerie Titel

"Yeah, GE Aerospace. The stock is up one and a half% boosted their outlook for a second quarter in a row on the back of a rebound in aviation. raised its forecast for adjusted revenue growth for operating profit and free cash flow. Now, GE Aerospace has been a major beneficiary of the rebound in global air travel and rising demand for maintenance and new engines. The company continues to gain momentum after the GE conglomerate split into three last year. Shares have soared more than 80% this year through Monday's close, and we're up another one and a half in pre-market at the moment."

Valerie highlights GE Aerospace's strong performance as it benefits from the global rebound in air travel and increased demand for maintenance and new engines. The improved guidance and historical share performance underscore a bullish near-term outlook.

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