CNBC's Jim Cramer joins 'Squawk on the Street' to discuss why he's keeping an eye on shares of GE Vernova.
There are many reasons investors use options. One of them is to generate consistent monthly income.
The recent earnings report contained some negatives, but also a significant positive.
The sell-off in the stock post-earnings looks overdone.
The company is currently seeing strong order growth.
GE Aerospace (NYSE: GE) recently reported its Q3 results, with revenues and earnings comfortably ahead of our estimates. The company reported revenue of $9.8 billion and adjusted earnings of $1.15 per share, compared to our estimates of $9.1 billion and $1.10, respectively.
This earnings season has been a great reminder of the power of dividend growth investing. Strong earnings have only strengthened my confidence in my favorite stocks. I'm highlighting three stocks that have consistently performed well and continue to impress with their earnings. They also offer long-term dividend growth potential. These companies have proven they can deliver strong results, reinforcing my decision to keep them in my portfolio. I see more growth ahead for these dividend gems.
GE Aerospace's 9% stock drop post-3Q24 earnings is unjustified, given surging order volumes and robust demand in the aviation industry. The company beat profit estimates but missed sales targets; however, it revised its 2024 forecast higher, indicating strong future profitability. GE Aerospace's stock remains affordable, especially compared to Boeing, making it a compelling investment in the expanding aviation market.
GE Vernova Inc. GEV reported upbeat sales for the third quarter on Wednesday.
Investors took the glass-half-full approach to the company's recent earnings report.
After Tuesday's plunge, Wall Street analysts are backing shares of GE Aerospace.