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Here's why the stock deserves a premium rating. A long tail of earnings in place. ... Data source: GE presentations. Chart by author. Order growth in a challenging year.
GE Aerospace (NYSE: GE) stock rose more than 4% by 11 a.m. ET on Wednesday as investors took advantage of the post-earnings dip in the stock on Tuesday and bought in. Here's why. GE Aerospace's ...
GE generated strong cash flow in the quarter, with operating cash flow of $1.9 billion and free cash flow of $1.8 billion. GE lifted its full-year outlook for a few metrics.
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GE stock has plunged more than 50 percent over the last year, and as a result, it was ejected from the Dow Jones Industrial Average after more than a century as a staple of the index.