NYSE:GE
12.98
0.13
(0.99%)
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
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Opinion
Expert
DON'T BUY
DON'T BUY
February 18, 2021
Lots of red flags. Not investment grade. Speculative. Lots of debt. Big unfunded pension liability. Cashflow challenged. Selling off the crown jewels to survive.
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Lots of red flags. Not investment grade. Speculative. Lots of debt. Big unfunded pension liability. Cashflow challenged. Selling off the crown jewels to survive.
PARTIAL BUY
PARTIAL BUY
February 12, 2021
Their annual report is good-they're playing more offence and he now believes in their wind division. But they need travel to get orders from Boeing which pushes this stock up. He supports the CEO who has cleaned up the balance sheet.
Their annual report is good-they're playing more offence and he now believes in their wind division. But they need travel to get orders from Boeing which pushes this stock up. He supports the CEO who has cleaned up the balance sheet.
BUY
BUY
January 22, 2021
This has quietly been moving up. They report Tuesday and he expects a positive report. The CEO is turning the company around. Air travel will be a tailwind.
Show full opinionHide full opinionThis has quietly been moving up. They report Tuesday and he expects a positive report. The CEO is turning the company around. Air travel will be a tailwind.
BUY
BUY
January 11, 2021
Will it double in 2021? No, but the business is turning around. The resumption of air travel will be a tailwind. Their hospital business is doing well. It could reach $15.
Show full opinionHide full opinionWill it double in 2021? No, but the business is turning around. The resumption of air travel will be a tailwind. Their hospital business is doing well. It could reach $15.
SELL
SELL
December 16, 2020
A study in how things change and how we shouldn't fall in love with a stock, nor hold grudges. Not investment grade. Speculative. Cashflow and pension issues. Had to sell off good businesses, and left with those that are struggling. If you think there's a better investment opportunity, take it.
Show full opinionHide full opinionA study in how things change and how we shouldn't fall in love with a stock, nor hold grudges. Not investment grade. Speculative. Cashflow and pension issues. Had to sell off good businesses, and left with those that are struggling. If you think there's a better investment opportunity, take it.
WATCH
WATCH
November 23, 2020
It feels like this is a company that did what they needed to do to make numbers for a very long time. It is a case of when you are comfortable that all the stones have been uncovered you could look at it.
Show full opinionHide full opinionIt feels like this is a company that did what they needed to do to make numbers for a very long time. It is a case of when you are comfortable that all the stones have been uncovered you could look at it.
PAST TOP PICK
PAST TOP PICK
November 19, 2020
(A Top Pick Oct 20/20, Up 35.8%)Stockchase Research Editor: Michael O'Reilly This PAST TOP PICK achieved our target at $10. We are being disciplined and are recommending to cover 50% of the position. We also recommend raising the trailing stop from the original $6 to $8 -- above our initial recommended entry.
Show full opinionHide full opinion(A Top Pick Oct 20/20, Up 35.8%)Stockchase Research Editor: Michael O'Reilly This PAST TOP PICK achieved our target at $10. We are being disciplined and are recommending to cover 50% of the position. We also recommend raising the trailing stop from the original $6 to $8 -- above our initial recommended entry.
BUY
BUY
November 18, 2020
A turnaround story that's broken $10 faster than he expected. GE has a huge tailwind from Boeing, whose 737 Max has now been approved; GE's aerospace business will boom because it makes the 737's engines. This boom will give the CEO breathing space to build up GE's healthcare and power divisions. His renewable business should benefit under Biden. In 5 months, vaccines should allow many people to fly again, which will be a huge windfall for its aerospace business.
A turnaround story that's broken $10 faster than he expected. GE has a huge tailwind from Boeing, whose 737 Max has now been approved; GE's aerospace business will boom because it makes the 737's engines. This boom will give the CEO breathing space to build up GE's healthcare and power divisions. His renewable business should benefit under Biden. In 5 months, vaccines should allow many people to fly again, which will be a huge windfall for its aerospace business.
DON'T BUY
DON'T BUY
October 23, 2020
GE has solid wind and healthcare businesses, but these alone are not enough to buy this yet. Give it another another quarter before looking at this. GE reports next week.
Show full opinionHide full opinionGE has solid wind and healthcare businesses, but these alone are not enough to buy this yet. Give it another another quarter before looking at this. GE reports next week.
TOP PICK
TOP PICK
October 20, 2020
Stockchase Research Editor: Michael O'Reilly GE has floundered for the past several years, but new initiatives are beginning to change analyst outlooks. The company recently announced its plan to abandon new-build coal-fired plants in favour of renewables and natural gas projects, including wind powered offshore windfarms. Goldman Sachs recently resumed coverage, looking to a $10 target – more than 35% upside. We would trade this with a $6.00 stop-loss. Yield 0.55%. (Analysts’ price target is $9.17)
Stockchase Research Editor: Michael O'Reilly GE has floundered for the past several years, but new initiatives are beginning to change analyst outlooks. The company recently announced its plan to abandon new-build coal-fired plants in favour of renewables and natural gas projects, including wind powered offshore windfarms. Goldman Sachs recently resumed coverage, looking to a $10 target – more than 35% upside. We would trade this with a $6.00 stop-loss. Yield 0.55%. (Analysts’ price target is $9.17)
DON'T BUY
DON'T BUY
October 13, 2020
It's a mishmash restructuring play. They made a blunder buying back so many shares in recent years. Don't throw more more into this if you own it. Doesn't like how it's been run. Instead, he likes industrials and would buy Honeywell.
It's a mishmash restructuring play. They made a blunder buying back so many shares in recent years. Don't throw more more into this if you own it. Doesn't like how it's been run. Instead, he likes industrials and would buy Honeywell.
BUY
BUY
October 12, 2020
Ford vs. GE - Two old industrial giants that are struggling. Great companies, now losers racing down to $10/share. But each are showing promise and hope. He likes both stocks now in the single digits, though they are vastly different. Both Ford and GE will return to double-digits, though he gives the edge to Ford. It's plummeted from $30 to $7, fed by a series of terrible acquisitions over the years. Also, GE wrote idiotic long-term care insurance contracts that dramatically underpriced them and blew a giant hole in the balance sheet. Blame the ex-CEO. New CEO Culp has made some aggressive moves by selling assets and shoring up the balance sheet and trimming GE to aerospace, healthcare and power. However, Covid slowed down their air business and hit the stock. Only recently is the stock recovering as plane traffic gradually rises. GE is a recovery play, if you believe we'll get a vaccine sooner than later. GE is up nearly 15% this month.
Show full opinionHide full opinionFord vs. GE - Two old industrial giants that are struggling. Great companies, now losers racing down to $10/share. But each are showing promise and hope. He likes both stocks now in the single digits, though they are vastly different. Both Ford and GE will return to double-digits, though he gives the edge to Ford. It's plummeted from $30 to $7, fed by a series of terrible acquisitions over the years. Also, GE wrote idiotic long-term care insurance contracts that dramatically underpriced them and blew a giant hole in the balance sheet. Blame the ex-CEO. New CEO Culp has made some aggressive moves by selling assets and shoring up the balance sheet and trimming GE to aerospace, healthcare and power. However, Covid slowed down their air business and hit the stock. Only recently is the stock recovering as plane traffic gradually rises. GE is a recovery play, if you believe we'll get a vaccine sooner than later. GE is up nearly 15% this month.
COMMENT
COMMENT
September 25, 2020
They're not ready yet. They have a good turnaround plan despite being linked to aerospace. Should be in better shape in 12 months.
Show full opinionHide full opinionThey're not ready yet. They have a good turnaround plan despite being linked to aerospace. Should be in better shape in 12 months.
SELL
SELL
September 23, 2020
Struggling. Restructuring since the financial crisis. Trying to repair balance sheet. Aircraft still struggling, and too early to tell how long it will take to recover. Look at Raytheon instead. Defence is doing exceptionally well, plus aerospace and security exposure. Exceptionally well run.
Struggling. Restructuring since the financial crisis. Trying to repair balance sheet. Aircraft still struggling, and too early to tell how long it will take to recover. Look at Raytheon instead. Defence is doing exceptionally well, plus aerospace and security exposure. Exceptionally well run.
COMMENT
COMMENT
September 16, 2020
Morgan Stanley's CEO expects positive cash flow in the second half of 2020. The stock rallied over 10% today after that statement, which he finds incredible. However, he doesn't know anyone who expects positive cash flow from GE. Expect Honeywell and 3M to go up along with this, at least tomorrow.
Morgan Stanley's CEO expects positive cash flow in the second half of 2020. The stock rallied over 10% today after that statement, which he finds incredible. However, he doesn't know anyone who expects positive cash flow from GE. Expect Honeywell and 3M to go up along with this, at least tomorrow.
General Electric(GE-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 9
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. 6 analysts recommended to BUY the stock. 9 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 Gordon Reid on 2021-02-18. 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 2021-03-02, General Electric (GE-N) stock closed at a price of $12.98.
