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 on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.

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

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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Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.

In Commercial Engines and Services, revenue climbed 19% to $7.65 billion, above the FactSet consensus of $7.32 billion, amid expanded shop visits, higher spare parts and prices. Orders soared 49.8% to $12.95 billion, with growth in both services and equipment.

U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.