General Electric (GE)

Re: General Electric (GE)

Postby winston » Fri Feb 17, 2017 1:48 pm

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Best Stocks to Buy: General Electric (GE)

Dividend Yield: 3.2%
Long-Term Growth: 12.1%

GE is a leading American industrial conglomerate that has clearly stood the test of time. It was an original Dow component over a century ago, and it will likely still be around a century from now.

Though for a while, that might have been a dubious statement. Back in 2008, during the pits of the financial crisis, GE had to go to Warren Buffett begging for money. GE’s financial arm, like virtually every bank out there, had gotten in over its head. And GE Capital had grown to the point that GE looked more like a mammoth hedge fund than an engineering company.

Thankfully, that has changed. GE has spent the better part of the past decade winding down its financial operations, and GE was recently removed from the list of “systematically important financial institutions.”

It took time, but GE finally looks like a real industrial company again, and a leading producer of everything from aircraft engines to medical devices.

GE isn’t exceptionally cheap right now (few stocks are in this market), but if you’re looking at a holding period of forever, then buying at today’s prices isn’t unreasonable. GE sports a respectable 3.2% dividend.

Source: Investor Place
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Re: General Electric (GE)

Postby winston » Sat Mar 11, 2017 11:01 am

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Why General Electric Company (GE) Stock Is STILL a Powerhouse

GE stock has exposure in nearly every sector, including oil and gas

By Chris Lau

General Electric’s Earnings Outlook

The 2017 earnings-per-share forecast of $1.60 to $1.70 a share may prove too low an estimate for GE stock.

In the meantime, management is continuing with its plans on returning between $19 billion to $21 billion to shareholders this year.


Source: Investor Place

http://investorplace.com/2017/03/genera ... MNnoPl96M8
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Re: General Electric (GE)

Postby winston » Fri Apr 07, 2017 9:35 pm

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This Stock is a Solid Buy

by James Brumley

Source: Investor Place

http://dailytradealert.com/2017/04/07/t ... solid-buy/
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Re: General Electric (GE)

Postby winston » Fri Jun 16, 2017 8:35 pm

The $31 Billion Hole in GE’s Balance Sheet That Keeps Growing

by Katherine Chiglinsky , Brandon Kochkodin , and Rick Clough

Pension shortfall is the biggest among S&P 500 companies
Top brass ‘living in fear’ of activists with short-term goals

At $31 billion, GE’s pension shortfall is the biggest among S&P 500 companies and 50 percent greater than any other corporation in the U.S.

It’s a deficit that has swelled in recent years as Immelt spent more than $45 billion on share buybacks to win over Wall Street and pacify activists like Nelson Peltz.


Needs to pay close to $50 billion in pension obligations that come due in the next decade.



Source: Bloomberg

https://www.bloomberg.com/news/articles ... funded-tab
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Re: General Electric (GE)

Postby winston » Sat Jun 17, 2017 8:21 pm

This Stock is a Resounding “Buy” Right Now

This past November, GE announced its software and services business was on track to do $6 billion in revenue in 2016 – 20% higher than in 2015, putting GE on track to hit its goal of $15 billion in annual revenue by 2020.


Source: Money Morning

http://dailytradealert.com/2017/06/17/t ... right-now/
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Re: General Electric (GE)

Postby winston » Tue Nov 14, 2017 9:26 pm

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GE CFO: The dividend cut is about improving total shareholder return

by Nicole Sinclair

The dividend cut to $0.12 per share from $0.24 aligns the company’s payout with its less robust free cash flow, which is expected to be $6 to $7 billion next year versus initial expectations for $12 to $14 billion.


GE sees EPS of $1.00 to $1.07 per share versus the long-held $2.00 target for 2018.


Narrowed focus to three business units — Aviation, Healthcare Equipment and Power —which account for about 60% of the company’s revenue.


It will divest $20 billion of assets over the next one to two years. (The company will be shedding its locomotives and lighting business either via sales or spin-offs, and is also looking at shedding its majority stake in Baker Hughes.)


Source: Yahoo Finance

https://finance.yahoo.com/news/general- ... 25036.html
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Re: General Electric (GE)

Postby winston » Tue Nov 14, 2017 11:38 pm

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GE Debacle Whacks Major Institutions And Insiders Alike


by Robert Lenzner

Insiders bought more shares than they sold in the last 3 months.


Source: Forbes

https://www.forbes.com/sites/robertlenz ... 6adc763ef6
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Re: General Electric (GE)

Postby winston » Thu Nov 16, 2017 8:01 am

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General Electric: Barely Worth $11/Share

by Keith Fitz-Gerald

GE’s breakup value is only $11 a share.

The reduced dividend will still cost the company ~$4 billion a year at a time when actual free cash flow is approaching zero if you factor in capital expenditures and pension expenses.


Source: Total Wealth Research

https://totalwealthresearch.com/2017/11 ... h-11share/
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