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Compiling comments that experts make about stocks while on public TV.

2017-08-11

Opinion for General Electric (GE-N)

Signal Price Bias Subject Owned
TOP PICK $25.200 UNKNOWN GLOBAL EQUITIES & TECHNOLOGY Yes

After the global financial crisis, they went through a process of selling off their assets. When you start divesting assets, it generates a lot of cash flow, and that attracts a lot of interest. Investors flocked to the company and did very well. For the last little while, they had some problems with 2 of the industrial businesses. One was the power business and energy is not doing very well. However, the aviation business is fairly solid and the healthcare business has also done well. If we believe that we are going to get a recovery in the energy sector, and the increasing demand for electricity and power is going to continue, those businesses will right themselves. Dividend yield of 3.7%. (Analysts’ price target is $30.)

Darren Sissons
Vice President and Partner, Campbell Lee & Ross

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