What's Going On With GE Aerospace Stock?

GE Aerospace GE shares are trading higher by 2.23% to $175.40 during Tuesday’s session. Shares are rising following the release of softer-than-expected producer inflation data for December, signaling potential relief for manufacturing and industrial firms facing high input costs.

What To Know: The Producer Price Index (PPI) rose 3.3% year-over-year, below forecasts, with core PPI holding steady at 3.5%. The slower pace of price growth offers a more favorable cost environment for GE Aerospace, which relies on a complex supply chain for materials like metals and advanced composites used in jet engines and avionics systems.

Read Also: What’s Going On With TG Therapeutics Stock Tuesday?

As a leading manufacturer in the aerospace sector, GE Aerospace is particularly sensitive to inflationary pressures. Lower producer inflation could reduce costs for raw materials and manufacturing inputs, improving profit margins.

What Else: Additionally, decelerating price increases in energy and core goods could ease operational expenses, including transportation and logistics—critical for GE Aerospace’s global operations.

The data also bolstered optimism about the Federal Reserve's ability to control inflation without triggering a significant economic slowdown, which could benefit the aerospace industry by supporting steady demand for commercial and military aviation products.

Read Also: Wall Street Rebounds As Producer Inflation Misses Estimates, Tesla Gains, Chinese Stocks Rally

How To Buy GE Stock?

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in GE Aerospace’s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, GE Aerospace has a 52-week high of $194.80 and a 52-week low of $100.64.