Can General Electric's Fantastic Bull Run Keep Going?
General Electric (NYSE: GE) isn't going out with a whimper but with a bang. The stock is up almost 64% over the last year as the company readies itself for a breakup that will see GE disappear as GE Aerospace and GE Vernova (a combination of GE Power and GE Renewable Energy) appear. Investors holding the stock will get a piece of both companies, but is it time to take profits, or does it make sense to keep holding the stock?
The spinoff and the nature of the aerospace industry make it a bit difficult to get a handle on GE Aerospace's prospects and financials. The following table combines the guidance on the recent earnings call with the 2025 guidance on the investor day in March.
As you can see, there are some asterisks, but they shouldn't be ignored as trivialities.
Source Fool.com
