|Bid||13.05 x 43500|
|Ask||13.06 x 36900|
|Day's range||13.04 - 13.27|
|52-week range||5.48 - 14.42|
|Beta (5Y monthly)||1.09|
|PE ratio (TTM)||N/A|
|Earnings date||27 Jul 2021 - 02 Aug 2021|
|Forward dividend & yield||0.04 (0.30%)|
|Ex-dividend date||05 Mar 2021|
|1y target est||14.46|
It's an understatement to say that onetime U.S. industrial titan General Electric (NYSE: GE) has fallen out of favor with investors in recent years. At General Electric's most recent closing stock price, that level would represent 28% upside if achieved. Since falling on hard times, General Electric has attempted to streamline its once-sprawling collection of businesses to become a leaner company with a tighter focus.
Aviation-focused industrial titans General Electric (NYSE: GE) and Raytheon Technologies (NYSE: RTX) look like excellent options for investors. Both are set to substantially increase earnings and free cash flow (FCF) in the coming years. Instead of thinking about them as suffering companies in the beaten-down aerospace industry, there's a case for arguing that they are both embarking on a multi-year growth trajectory that will lead them to substantive FCF generation.