GE Aerospace: Profitable Growth Coming From Emerging Markets

Robert F. Abbott1.61K FollowersFollow5ShareSavePlay(15min)CommentsSummaryGE Aerospace is rated Buy, driven by robust international growth, especially in India and the Middle East.GE's competitive edge in hot-and-high environments, extensive MRO contracts, and technological leadership underpin its growth thesis.Aftermarket services account for 70% of the company's revenue, with engine sales fueling multi-decade service opportunities.Valuation is justified by strong growth prospects; PEG GAAP TTM is 1.09, just above fair value but below the industry median.jetcityimage/iStock Editorial via Getty Images Investment thesis General Electric Company (GE) operates in two business worlds. The first is North America, where growth is essentially flat. The second is the rest of the world and specific regions, where growth in air traffic generatesThis article was written byRobert F. Abbott1.61K FollowersFollowRobert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned Bachelor of Arts and Master of Business Administration (MBA) degrees.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.