Sagace Wealth Management invests in GE Aerospace, which reports strong earnings and a significant stock surge.

Sagace Wealth Management LLC has recently invested in GE Aerospace, acquiring 1,124 shares. GE Aerospace reported strong earnings of $1.49 per share, exceeding estimates, with a revenue of $9.94 billion. Analysts predict 5.4 EPS for the year, and the stock has seen a 46% increase year-to-date, bolstered by strong financial performance and a $140 billion backlog. Several institutional investors have adjusted their holdings in the company.