vested
Stock Is Going A Lot Higher In 2018
Jan. 4, 2018
by Victor Dergunov
Summary
GE finished the year down by 44%, one of its worst years on record.
The overly pessimistic sentiment has market participants greatly undervaluing the company.
The bad news is factored into the stock, and future news flow is likely to shift towards a more positive tone, suggesting higher prices are likely for the stock.
A breakdown of GE's business units implies the company's enterprise value is currently undervalued by at least 30%.
GE is likely to become the turnaround story of 2018, and the stock should be trading significantly higher a year from now.
Based on the underlying valuations, the company is currently undervalued by at least 30%. Therefore, I expect GE to become the turnaround story of 2018, and the stock should be trading significantly higher 1 year from now.
Source: Seeking Alpha
https://seekingalpha.com/article/413517 ... ngcom_feed