GE Aerospace
GE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|DH | LOCK|D$ | LOCK|ZqpFB>jY |
Boeing and GE Aerospace: Open for Business, as Usual; Export Backlogs Increase Valuations 20%
Large recent orders for Boeing jets, most powered by GE engines, serve as votes of confidence in the companies' product lines. More importantly, we think they signal that future US aerospace exports are less likely to be saddled with high tariffs or other trade disputes than seemed so a month ago.
