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GE Aerospace shares fell despite Q2 2026 earnings beats and raised full-year guidance, as investors weigh a rich 46x forward earnings valuation against a $210 billion backlog.
GE Vernova's second-quarter earnings are due later this month, and analysts are projecting robust double-digit growth in earnings.
The stock market is near highs but oil prices and yields are headwinds with Trump issuing new Iran threats. Nvidia and Walmart earnings loom.
Tight weekly action near highs and a possible new buy point have made GE Vernova stock our pick. Amazing earnings help too.