NYSE:GE
7.13
0.02
(0.21%)
General Electric is an American multinational conglomerate corporation incorporated in New York and headquartered in Boston, Massachusetts.
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General Electric
GE-N
Analysis and Opinions about GE-N
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 13, 2020
The balance sheet remains an issue. They spent $25 billion in 2015-17 in stock buybacks around $25-30/share. The power generation industry is struggling. Maybe some of the pieces of GE are worth more than the stock price. Where's the catalyst to push it up? Look elsewhere for growth.
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The balance sheet remains an issue. They spent $25 billion in 2015-17 in stock buybacks around $25-30/share. The power generation industry is struggling. Maybe some of the pieces of GE are worth more than the stock price. Where's the catalyst to push it up? Look elsewhere for growth.
DON'T BUY
DON'T BUY
June 17, 2020
He would be very cautious on GE. The company has been an investment grade company for decades. Today it is a speculative company. You are not buying the GE of old. It is 70% debt to total capital and as a pension deficit of $95 million. Cash flow is unpredictable. They are now starting to sell of their good quality assets. This will reduce future cash flow.
Show full opinionHide full opinionHe would be very cautious on GE. The company has been an investment grade company for decades. Today it is a speculative company. You are not buying the GE of old. It is 70% debt to total capital and as a pension deficit of $95 million. Cash flow is unpredictable. They are now starting to sell of their good quality assets. This will reduce future cash flow.
DON'T BUY
DON'T BUY
May 12, 2020
In the past, this was a blue chip stock, but now is hitting hard times. Forget the past. It remains highly speculative, with high debt as they sell quality businesses, deal with a pension liability and many other problems. Avoid.
Show full opinionHide full opinionIn the past, this was a blue chip stock, but now is hitting hard times. Forget the past. It remains highly speculative, with high debt as they sell quality businesses, deal with a pension liability and many other problems. Avoid.
DON'T BUY
DON'T BUY
April 1, 2020
He is not investing in GE as it has fallen from grace in the past few years. A text book example of a value trap and a company that has taken on too much debt. If revenues fall, they will see free cash flow evaporate.
Show full opinionHide full opinionHe is not investing in GE as it has fallen from grace in the past few years. A text book example of a value trap and a company that has taken on too much debt. If revenues fall, they will see free cash flow evaporate.
WATCH
WATCH
February 13, 2020
Still on the sidelines. CEO is respected. Its engine business is being impacted with Boeing. Not sure what earnings and cash flow profile will be a year from now.
Still on the sidelines. CEO is respected. Its engine business is being impacted with Boeing. Not sure what earnings and cash flow profile will be a year from now.
DON'T BUY
DON'T BUY
January 29, 2020
A tough one. They went from an investment-grade grade company to a speculative one. They've fallen into an abyss and are just now climbing out. They sold pieces of their portfolio for the sake of cash flow; they should have kept those piece.
Show full opinionHide full opinionA tough one. They went from an investment-grade grade company to a speculative one. They've fallen into an abyss and are just now climbing out. They sold pieces of their portfolio for the sake of cash flow; they should have kept those piece.
DON'T BUY
DON'T BUY
January 20, 2020
They got over leveraged and had a dramatic fall from grace. He does not follow it and it does not match his criteria. Look for companies that increase their earnings and are adding shareholder value.
Show full opinionHide full opinionThey got over leveraged and had a dramatic fall from grace. He does not follow it and it does not match his criteria. Look for companies that increase their earnings and are adding shareholder value.
SPECULATIVE BUY
SPECULATIVE BUY
December 23, 2019
A new CEO has helped to protect value. He owns this at $15.51 and should have sold this at $25 when Warren Buffet was selling. There are still problems and they are selling off segments. He thinks the CEO will improve things and could push the stock much higher.
Show full opinionHide full opinionA new CEO has helped to protect value. He owns this at $15.51 and should have sold this at $25 when Warren Buffet was selling. There are still problems and they are selling off segments. He thinks the CEO will improve things and could push the stock much higher.
DON'T BUY
DON'T BUY
December 20, 2019
The mistake people make is that they use past brands and labels. GE is not an investment grade company any longer. It is a speculative stock at this stage. There are thousands of companies that are better to look at.
Show full opinionHide full opinionThe mistake people make is that they use past brands and labels. GE is not an investment grade company any longer. It is a speculative stock at this stage. There are thousands of companies that are better to look at.
WEAK BUY
WEAK BUY
December 19, 2019
They've stopped the bleeding and can now concentrate on their core businesses. You're now betting on the new CEO who has a good track record. GE will be volatile, but now is a good time to enter it or look at it. They may miss numbers for several quarters, so be prepared.
Show full opinionHide full opinionThey've stopped the bleeding and can now concentrate on their core businesses. You're now betting on the new CEO who has a good track record. GE will be volatile, but now is a good time to enter it or look at it. They may miss numbers for several quarters, so be prepared.
SPECULATIVE BUY
SPECULATIVE BUY
December 11, 2019
The bad news is their power segment were down 30% and other segments earnings were down as well. They did raise free cash flow to $1 billion. He likes the CEO and thinks earnings could grow by 15%. A speculative buy at this time.
The bad news is their power segment were down 30% and other segments earnings were down as well. They did raise free cash flow to $1 billion. He likes the CEO and thinks earnings could grow by 15%. A speculative buy at this time.
SELL
SELL
November 27, 2019
Just because you own it, doesn't mean you have to keep it. The wonderful thing about the market is that you don't have to finish the race on the same horse. Big risk is that you're looking at it as an investment grade company, whereas it's speculative grade right now.
Show full opinionHide full opinionJust because you own it, doesn't mean you have to keep it. The wonderful thing about the market is that you don't have to finish the race on the same horse. Big risk is that you're looking at it as an investment grade company, whereas it's speculative grade right now.
WATCH
WATCH
September 12, 2019
New CEO is well respected. Balance sheet issue. Wants better clarity a year from now as to what cash flow will be. She's watching it. Doesn't think it's going to zero.
Show full opinionHide full opinionNew CEO is well respected. Balance sheet issue. Wants better clarity a year from now as to what cash flow will be. She's watching it. Doesn't think it's going to zero.
DON'T BUY
DON'T BUY
September 4, 2019
There have been a lot of changes internally. They continue to divest assets, but at the end of the day there are still some key flushing that has to happen. Technically, you have not seen a bullish breakout yet. The fundamental thesis to get back in is not there yet either although they have had two consecutive earnings beats. There is more risk than return.
Show full opinionHide full opinionThere have been a lot of changes internally. They continue to divest assets, but at the end of the day there are still some key flushing that has to happen. Technically, you have not seen a bullish breakout yet. The fundamental thesis to get back in is not there yet either although they have had two consecutive earnings beats. There is more risk than return.
HOLD
HOLD
August 23, 2019
Has been having issues for more than a couple years. They are doing significant restructuring, and trying to get more into their core business. It should help their balance sheet. Would continue to hold if you have it.
Show full opinionHide full opinionHas been having issues for more than a couple years. They are doing significant restructuring, and trying to get more into their core business. It should help their balance sheet. Would continue to hold if you have it.
General Electric(GE-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 11
Total Signals / Votes : 15
General Electric(GE-N) Frequently Asked Questions
What is General Electric stock symbol?
General Electric is a American stock, trading under the symbol GE-N on the New York Stock Exchange (GE). It is usually referred to as NYSE:GE or GE-N
Is General Electric a buy or a sell?
In the last year, 15 stock analysts published opinions about GE-N. 3 analysts recommended to BUY the stock. 11 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for General Electric.
Is General Electric a good investment or a top pick?
General Electric was recommended as a Top Pick by John Zechner on 2020-07-13. Read the latest stock experts ratings for General Electric.
Why is General Electric stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is General Electric worth watching?
15 stock analysts on Stockchase covered General Electric In the last year. It is a trending stock that is worth watching.
What is General Electric stock price?
On 2020-07-16, General Electric (GE-N) stock closed at a price of $7.125.
