Three aerospace-related stocks, GE Aerospace, Embraer and Eaton, appear in IBD's Rising Profit Estimates screen.
All three are in buy zones, although GE stock is struggling to stay above its buy point.
Analysts raised their full-year earnings estimates on these companies, as shown by the green up arrow on the MarketSurge weekly charts.
The clear earnings growth standout is Embraer, with its 2024 profit expected to soar more than 300%.
All three saw a postelection lift after Donald Trump won the presidential election on Nov. 5.
GE Stock Hovers In Buy Zone
GE has climbed around 74% so far this year and reached a level in mid-October not seen in 17 years. Shares broke out of an irregular base with a 177.20 buy point.
The stock plunged more than 9% in heavy volume after the aerospace company missed third-quarter revenue estimates on Oct. 22.
Shares have been trading around the buy point, but are now more than 2% below the 50-day moving average.
Still, the growth outlook is positive. Analysts see GE Aerospace's full-year earnings rising 32% and 22% in 2025. That's after a giant jump of 284% in 2023.
The company makes engines and power systems for commercial and military aircraft and ship engines.
Eaton Stock Eases From All-Time Highs
Eaton has recovered from an Oct. 31 sell-off after the company reported third-quarter results that missed revenue forecasts. Eaton raised its full-year adjusted profit guidance, which was above views.
But shares climbed back above the 245.19 buy point of a cup base in the Nov. 6 postelection market rally. Eaton reached a record high on Nov. 12, before retreating back in a buy zone that goes up to 362.45.
FactSet's 2024 profit projections increased to 18%, with updated 2025 estimates showing 12% growth. Eaton's IBD Earnings Stability factor of 9 out of 99 — with a lower number being better — shows stable earnings over the last three to five years.
The stock holds 93 Earnings Per Share and Composite Ratings. Eaton's recent rise in heavier-than-average volume supports its 2.0 up/down volume ratio, which shows strong demand over the last 50 days.
Eaton makes industrial products including electrical components, energy storage systems and generators. It also offers electrical services, aerospace equipment repair services and laboratories.
Brazilian Aerospace Stock Doubles
Embraer stock has more than doubled so far this year, beating GE's steep increase.
The stock broke out of a flat base with a 37.30 buy point on Nov. 8, after the Brazil-based aircraft company beat Q4 adjusted earnings and sales estimates. Embraer reaffirmed its 2024 revenue guidance and raised its full-year free cash flow forecast.
The stock reached a 10-year high Wednesday. Shares are in the buy range up to 39.17. Analysts see Embraer's full-year earnings soaring 347% then a modest 6% in 2025.
Embraer makes commercial and executive jets and military aircraft. It is best known for the ERJ and E-Jet series of commuter airplanes.
The stock boasts 96 Composite and Relative Strength Ratings.
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