General Electric has completed its multi-year breakup. GE stock now trades at its best level since the 2008 meltdown. Industrial stocks have been on a tear, and there are various reasons for optimism.
Is GE Aerospace a good stock to buy?
GE Aerospace was the best-performing stock in the S&P 500 in April after the aircraft company had an exciting couple of weeks. A Relative Strength Rating upgrade for GE Vernova shows improving technical performance. Will it continue?
Is GE stock on a tear?
GE stock now trades at its best level since the 2008 meltdown. Industrial stocks have been on a tear, and there are various reasons for optimism. The Biden Administration’s Infrastructure Investment and Jobs Act (IIJA) authorized spending $850 billion across hundreds of different projects around the nation.
