Top 10 Growing Aerospace and Defense Stocks For Trump’s Presidency

4. GE Aerospace (NYSE:GE)

Like many other aerospace stocks, GE Aerospace is set to benefit from the rise in air travel demand as well as the increase in global defense spending. GE makes jet engines and commands the largest installed base of customers in the world.

Redburn Atlantic recently initiated coverage of the stock and assigned it a target price of $250, a 30% upside from current levels. The financial firm sees sustainable growth in the next decade with limited downside risk. GE Aerospace management is good at capital allocation which is why the company commands a premium valuation.

In 2025, the company expects a low double-digit revenue growth and a 15% earnings growth. Increasing orders from global customers isn’t something new for GE. However, with investment in the new MRO (Maintenance, Repair, and Overhaul) facility, growth in the aftermarket services segment can easily strengthen the company’s overall business.

Investors will be better off buying the company at an expensive price for its earnings and cash flows rather than waiting for a sell-off to start taking positions. Waiting for a dip could mean missing out on potential near-term returns as the world rushes to increase its defense spending.