Reported 10 days ago
A recent report evaluates GE Aerospace's position among defense stocks showing the highest earnings per share (EPS) growth over the past five years, ranking it second with an impressive 94.19% growth. The defense sector has seen a surge in global spending, influenced by ongoing conflicts and geopolitical tensions, although American defense stocks have lagged due to concerns over future budget cuts. GE Aerospace plans to significantly invest in manufacturing and has secured multiple lucrative contracts, further enhancing its attractiveness to investors.
Source: YAHOO