Zacks Investment Ideas feature highlights: GE Vernova, GE Aerospace's and American Airlines

For Immediate ReleaseChicago, IL – January 28, 2025– Today, Zacks Investment Ideas feature highlights GE Vernova GEV, GE Aerospace's GE and American Airlines AAL.Buy GE Aerospace (GE) After Strong Q4 Earnings ReportEmerging as a separate public company following the spinoff of its alternative energy segment GE Vernova in April 2024, GE Aerospace's expansion is very compelling as a provider of jet engines, components, and integrated systems.Able to crush Q4 earnings expectations last Thursday, let's see if it's time to buy GE Aerospace stock for more upside.GE's Strong Q4 ResultsGE Aerospace posted Q4 earnings of $1.32 a share, crushing the Zacks EPS Consensus and the company's previous year mark of $1.03 by 28%. This came on adjusted revenue of $9.87 billion which comfortably exceeded estimates of $9.53 billion and rose 16% year over year.Appearing to be firing on all cylinders, GE Aerospace's total orders were up 46% during Q4. The company also highlighted that it had received orders for more than 4,600 commercial and defense engines, including commitments from American Airlines, British Airways and the Polish Armed Forces.GE's Positive GuidanceOffering FY25 EPS guidance for what would be its first full year as an independent company, GE Aerospace expects earnings of $5.10-$5.45 per share. This came in range of the current Zacks EPS Consensus of $5.22 or 13% growth. Furthermore, GE Aerospace projects another year of low double-digit revenue growth.GE Dividend HikeExpecting to generate $6.3 billion-$6.8 billion in free cash flow this year, GE Aerospace plans to raise its dividend by 30% with its annual yield currently at 0.57% or $1.21 per share. Additionally, GE Aerospace plans to increase its share repurchases to $7 billion.TakeawayThere was a lot to like about GE Aerospace's Q4 report and outlook, but for now, GE lands a Zacks Rank #3 (Hold). Already spiking +15% year to date, more upside for GE may depend on what is hopefully a trend of positive earnings estimate revisions in the coming weeks.That said, GE Aerospace has made itself a more appealing long-term investment after announcing an increase to its dividend and share repurchase plan.Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GE Aerospace (GE): Free Stock Analysis Report American Airlines Group Inc. (AAL): Free Stock Analysis Report GE Vernova Inc. (GEV): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks