Boasting a market cap of $184.5 billion, Ohio-based GE Aerospace (GE) leads the global aerospace industry in designing, manufacturing, and servicing large aircraft engines. Collaborating with Safran in their CFM joint venture, it maintains a substantial installed base of nearly 70,000 commercial and military engines worldwide.
Shares of this jet engine maker have significantly outperformed the broader market over the past 52 weeks. GE has gained 102.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 25.2%. In 2024 alone, shares of GE are up 63.3%, easily overshadowing SPX's 10.4% gains on a YTD basis.
