GE Aerospace recommended as buy, UPS advised as sell amid rising costs and weak demand.
This week, GE Aerospace is recommended as a buy due to strong aftermarket service demand and engine sales, while UPS is advised as a sell amid rising costs and weak demand. Investors will focus on earnings from major companies like Tesla and Boeing, alongside key economic indicators, including jobless claims and consumer sentiment. The Federal Reserve is expected to lower interest rates at its November meeting, impacting market sentiment.
October 20, 2024
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