11 Best 52-Week High Stocks to Buy Now

3. GE Aerospace (NYSE:GE)

52 Week Range: $150.20-$272.80

Current Share Price as of July 24: $263.18

Year-to-date returns: 56.11%

Number of hedge fund holders: 104

GE Aerospace (NYSE:GE) is one of the best 52-week high stocks to buy now. On July 18, Citi raised its price target of the stock to $309 from $296 while maintaining a Buy rating. The adjustment follows the company’s better-than-expected second-quarter results.

The global aerospace leader also increased its full-year guidance, buoyed by positive order trends and a less bearish macroeconomic outlook. GE Aerospace also revised its 2028 targets, affirming a compound annual growth rate of more than 10% in revenue, EBIT, and free cash flow.

According to Citi, GE Aerospace is a buy due to the healthy mid-single-digit growth in flight hours. In addition, the research firm expects the company to benefit from improvements in the supply chain and productivity.

GE Aerospace (NYSE:GE) is a global leader in aerospace, focusing on inventing and developing aircraft engines, systems, and services. It is also involved in both commercial and military aviation, with a vast installed base of engines.