GE Aerospace, American Airlines, and 3 Stocks to Watch Heading Into Thursday

As the aviation industry continues to recover from the COVID-19 pandemic, investors are keeping a close eye on key players in the aerospace and airline sectors. GE Aerospace and American Airlines, two prominent companies in their respective industries, have been making strategic moves and reporting financial results that have caught investors' attention. Here's a look at these companies and three other stocks to watch heading into Thursday.

GE Aerospace

GE Aerospace, a subsidiary of General Electric, has been making headlines with its strategic decisions and strong financial performance. The company recently announced its intention to spin off its GE Vernova and GE Healthcare businesses, focusing on its aerospace and energy transition segments. This strategic move has been well-received by investors, with the company's stock price increasing by 13.21% from the latest price of 174.80 to the average target price of 197.89.

GE Aerospace's financial performance has also been impressive. In 2024, the company is expected to generate revenue of $70.22 billion, a decrease of 9.73% from the previous year, but with a significant increase in earnings per share (EPS) to $0.22 from -$16.63 in 2023. The company's strong cash flow and operating cash flow have also contributed to its positive outlook.

American Airlines

American Airlines has been facing challenges in the post-pandemic era, with a net income of -$149 million in 2024, compared to -$545 million in 2023. The company has been implementing strategic changes, such as modifying its booking strategy and revamping its loyalty program, to adapt to the evolving market landscape. American Airlines' stock price has fluctuated, with a 52-week low of 9.07 and a high of 19.10, reflecting the challenges and opportunities the company faces.

Three Stocks to Watch

1. Boeing (BA)
Boeing, the world's largest aerospace company, has been facing headwinds due to the grounding of its 737 MAX aircraft and production delays. However, the company's stock price has been on an upward trajectory, with analysts expecting a 13.21% increase from the latest price of 174.80 to the average target price of 197.89. Investors should keep an eye on Boeing's progress in addressing these challenges and its potential for growth in the aerospace sector.
2. Spirit Airlines (SAVE)
Spirit Airlines, a low-cost carrier, has been expanding its network and fleet, positioning itself for growth in the post-pandemic travel market. The company's stock price has been volatile, but analysts expect a 10.13% increase from the latest price of 18.66 to the average target price of 20.58. Investors should monitor Spirit Airlines' financial performance and growth prospects as the travel industry recovers.
3. Lufthansa (LHA)
Lufthansa, Germany's largest airline, has been implementing a turnaround plan to improve its financial performance and adapt to the changing market dynamics. The company's stock price has been relatively stable, with analysts expecting a 5.26% increase from the latest price of 18.66 to the average target price of 19.68. Investors should watch Lufthansa's progress in executing its turnaround plan and its potential for growth in the European airline market.



In conclusion, investors should keep a close eye on GE Aerospace, American Airlines, and the three stocks mentioned above as they navigate the evolving landscape of the aerospace and airline industries. By staying informed about these companies' strategic decisions, financial performance, and market trends, investors can make more informed decisions and capitalize on potential opportunities.