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This Week’s Stock Picks & BNN Top Picks Summary: KO-N, ABBV-N and 18 Stock and 6 ETF Top Picks (Dec 01-07)Canadian Tire, Savaria & XLIThe markets on fridayRecent run up in share price good, but depends on where investors bought shares. Has sold off/spun off business units which has been good for performance. Trading at ~40x earnings which is high, but runway for growth is strong. Would wait for weakness in share price before buying.
Amazing turnaround. Well-respected CEO. Commercial aerospace engine business has attractive growth prospects long term.
Just reported a fine quarter with a terrific aerospace business. Orders are up double digits, with services up 15% and equipment up 22%.
Lots of changes the past few years. Not the same company as in the past. Like aerospace business, but not GE specifically. Better names in sector.
Are spinning off their power business to become a pure play in aerospace. Q3: orders up 34% YOY, Revenue up 25% YOY and segment profits up 33% YOY
Company transforming itself (spinoffs etc.)
Very successful transformation.
Expected to be an aerospace business by the end of the year.
Current share price is expensive.
Still a work in progress. Cleaning it up, spinning off some divisions. In mediocre businesses that they can't get out of. Avoid. Better companies elsewhere.
The market lets you change horses halfway through the race, and more people should take advantage of that. A better company today than a year ago. CEO has been excellent. It has aerospace, power, and renewables. A lot of future growth is already built in to the price. He'd sell.
Up 75% YTD. The CEO has done an amazing job.
Take this as an opportunity to sell. Industrials are at a high, and GE has moved with them. Big tech is leading the market, but the market is broadening out, and that's critical for nabbing opportunities. Good job with challenges, but better and safer opportunities out there.
They're killing it on the strength on its aerospace business. Early next year they will spin off their power division, so keep an eye on that.
Recent spinoff of healthcare & energy assets good for business.
Share price has out performed the past 1-2 years.
Expecting further growth in industrial business unit.
Good business model that is well run.
Used to be diversified. Now more concentrated. New CEO has done a great job reinventing the company. Lots more potential down the road. Will continue to do well. In transition, and stock should do much better. Don't sell now.
The new CEO has done a good job of spinning off businesses like healthcare to focus GE on core operations. Can probably hold this for 5 years. Good CEO and end markets. She missed this.
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
In the last year, 21 stock analysts published opinions about GE-N. 12 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for General Electric.
General Electric was recommended as a Top Pick by on . Read the latest stock experts ratings for General Electric.
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.
21 stock analysts on Stockchase covered General Electric In the last year. It is a trending stock that is worth watching.
On 2023-12-08, General Electric (GE-N) stock closed at a price of $120.59.
General Electric Company is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operates in aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance. Social media mentions are up 800% in the past 24h.