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

2017-10-11

Opinion for General Electric (GE-N)

Signal Price Bias Subject Owned
HOLD $23.070 OPTIMISTIC NORTH AMERICAN - LARGE No

This has lagged the market and its industrial peers. They have gone through a lot of change, getting out of their financial services in order to grow their industrial segment. Have a new CEO and there will be a new CFO coming in. Earnings target for next year was set by the previous CEO, but that is probably not going to be made and the stock has been coming up. The dividend yield is over 4%. Even high quality industrial companies tend to have a yield of around 2.5%, so the company may reset the dividend.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management

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