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GE / General Electric Has Become An All-Star Industrial Powerhouse Again

General Electric Has Become An All-Star Industrial Powerhouse Again
General Electric has made a strong comeback with successful spin-offs, debt reduction, and progress in aerospace and renewables, positioning itself to become a pure-play aerospace company in 2024. The company's focus on cost reduction, aftermarket leverage, and investment in next-generation technologies supports future growth, with a potential for consistent total returns of over 10% per year. Despite significant gains, GE stock is fairly valued, but caution is advised in chasing it at current levels due to potential market corrections and existing industrial exposure. Read More
Posted: Jun 10 2023, 22:08
Author Name: Seeking Alpha
Views: 102810

GE News  

GE's Pension Invested $100 Million in a New ETF

By Barrons
November 1, 2023

GE's Pension Invested $100 Million in a New ETF

General Electric's pension disclosed a stake in the Simplify Market Neutral Equity Long/Short exchange-traded fund in the third quarter. more_horizontal

Should You Pick General Electric Stock At $110 After A Solid Q3?

By Forbes
October 30, 2023

Should You Pick General Electric Stock At $110 After A Solid Q3?

General Electric reported revenue of $17.3 billion, reflecting 20% growth from the prior year period and above our estimate of $15.8 billion. more_horizontal

Siemens Energy Plummets on Wind Power Worries. What It Means for GE.

By Barrons
October 26, 2023

Siemens Energy Plummets on Wind Power Worries. What It Means for GE.

Siemens Energy's wind business lost more than $2.5 billion in its June quarter. more_horizontal

GE and Others are Losing Billions on Offshore Wind. A Path Forward Emerges.

By Barrons
October 26, 2023

GE Reports Stellar Earnings Ahead Of Breaking Into Two Companies

By Forbes
October 25, 2023

GE, RTX, GM Earnings Show That This Economy Is Wild

By Barrons
October 25, 2023

GE, RTX, GM Earnings Show That This Economy Is Wild

For investors, it's a time to stick to the basics: Buy quality companies and don't pay too much. more_horizontal

Earnings breakdown: GE, 3M, RTX, Verizon

By Yahoo Finance
October 24, 2023

Earnings breakdown: GE, 3M, RTX, Verizon

General Electric (GE) and 3M (MMM) shares jump after both companies topped their respective earnings expectations and raised guidance. Aerospace devel more_horizontal

GE's earnings included an array of nonstandard — and confusing — numbers

By Market Watch
October 24, 2023

GE's earnings included an array of nonstandard — and confusing — numbers

But that's no excuse for General Electric Co.'s GE, +7.37% third-quarter earnings release early Tuesday to include quite so many nonstandard, non-GAAP more_horizontal


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