GE Stock – Strong, Positive Catalysts Make GE Stock a Buy on Weakness
The commercial aviation sector is rebounding dramatically and multiple, highly reputable analysts are issuing bullish notes on General Electric (NYSE:GE), making GE stock attractive.
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Additionally, GE is likely to benefit over the longer term from federal spending initiatives.
The Aviation Sector Is About to Boom
In the U.S. and many other countries, domestic leisure air travel has come back, and domestic business travel is on the way back.
And it’s only a matter of time until international air travel rebounds sharply. For evidence of that, look no further than two of the most cautious leaders when it comes to the coronavirus: American President Joe Biden and UK Prime Minister Boris Johnson.