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Tax refunds are landing in bank accounts and mailboxes across America, giving people some extra money to play with. As of the federal income tax deadline of April 15, the Internal Revenue Service (IRS) has issued $201 billion worth of tax refunds.
GE Vernova is expected to turn profitable this year and benefit from growing electricity demand.
GE Aerospace is a pure aerospace and defense stock with a strong market share in commercial airplane engines. The company benefits from a significant after-market sales opportunity and a well-protected market. Based on valuation metrics, GE Aerospace is overvalued in the short term but has long-term potential with an 11% upside and attractive shareholder returns.
Portland General Electric earnings have faced interest rate headwinds in recent years. Nevertheless, Portland General Electric has had decent load growth over the years and management expects further load growth in the future, particularly in the industrial electricity segment. Given the strong industrial load growth, I think Portland General Electric has a substantial opportunity to expand its regulated rate base that could help its earnings.
The chief commercial officer of GE Aerospace , John Slattery, will step down from the jet engine maker in June and will remain an adviser, CEO Larry Culp said on Wednesday.
TD Cowen analyst Gautam Khanna upgraded shares of GE Aerospace to Buy from Hold. His price target went to $180 a share from $175.
Let's see if it's time to invest in these iconic companies for more upside with GE Aerospace's (GE) stock soaring +23% this year and General Mills' (GIS) shares up a respectable +8%.
The company is the last piece of the old General Electric and has inherited its predecessor's ticker symbol. A pundit tracking it cut his price target, but feels the reshaped business is worth owning.
J.P. Morgan analyst Mark Strouse upgraded shares of power-generation firm GE Vernova to Buy from Hold.
GE Aerospace (GE) raises its dividend by 250%. Renita Young discusses this as it's the first dividend since spinning off its power business now GE Vernova.