GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.

We recently compiled a list of the 10 Best Stocks to Invest in According to Billionaire Cliff Asness. In this article, we are going to take a look at where GE Aerospace (NYSE:GE) stands against the other stocks recommended by Cliff Asness.

Shares of GE Aerospace surged in premarket trading Thursday after the company reported fourth-quarter results far above analysts' estimates.

Stock market on January 23, 2025, reflects a mixed performance, with the Dow Jones rising, the Nasdaq Composite dipping, and the S&P 500 nearing record levels.

GE Aerospace reported Q4 results early Thursday as clear a buy point. Engines, services and defense revenues all climbed.

GE Aerospace exceeded expectations in Q4 2024, showcasing strong financial performance and strategic growth initiatives.

Goldman Sachs analyst Noah Poponak positive on GE Aerospace's Q4 earnings, expects growth in FY25. Stock rated Buy with price target of $204.

GE Aerospace posted a surge in quarterly revenue that blew past Wall Street's estimates as the jet-engine maker received an influx of orders to end the year. The Cincinnati company on Thursday also said it plans to buy back $7 billion worth of stock this year and to boost its dividend by 30%. Shares rallied 8% to $203.36 in premarket trading.

Technologies such as Open Fan and compact engine core are being developed through the CFM Revolutionary Innovation for Sustainable Engines (RISE)* program, one of the largest demonstration programs in GE Aerospace’s history. In demonstration programs, new technologies are developed, matured, and tested, leading to future engine products.

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The S&P 500 inched closer to a record high amid calm trading on Wall Street, with the Dow Jones rising 0.8%. Treasury yields saw modest movement, while GE Aerospace and Netflix shares surged.