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Stock : GE |   Stock Recommendations : Buy
Sector : Engineering |   First resistance : 22.31
Stock Name : General Electric Co. |   Second resistance : 29.12
Buy Near : |   Third resistance : 31.77
StopLoss : |   First Support :
Posted date : 8/31/2008 12:00:00 AM |   Second Support :


General Electric Co. (GE) involved in construction and engineering business that includes engineering and analytical support services, electrical construction, infrastructure construction and manufacturing of nuclear power plant construction materials.

   This business have good potential with weak economy because government can declare major projects to offer employment and again Bush did Nuclear agreements with India and India Planning for $90 billion Nuclear electric power plant, In case if US got 30% of that order its going to offer good return like this company. Due to economic crises this Stock comes too much down. But if you look companies involvement in nuclear power plant construction capacity then its looks reasonable to buy this Stock. Any down move consider as a buying opportunity. At present technical analysis | Stock analysis and fundamentally company looks good buying member, you can add in your portfolio. In down trend Stock market for any Stock investments there is always high risk but high risk high return and low risk low return. General Electric Co. (GE) you can consider for Stock Market Investment, Trading, Stock trading, Stock Investing, Day trading, Stock picks, Breakout Stocks, penny Stocks.



Portfolio stock



Recent News Head Lines
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(Fri, 18 Sep 2020 20:10:51 +0000)
A U.S. transportation safety regulator backed proposed changes to Boeing 737 Max software and pilot procedures.
General Electric (GE) Has Fallen 26% in Last One Year, Underperforms Market
(Fri, 18 Sep 2020 17:56:21 +0000)
If you are looking for the best ideas for your portfolio you may want to consider some of GDS Investments top stock picks. GDS Investments, an investment management firm, is bullish on General Electric Co (NYSE:GE) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed its […]
GE Clinches Multiple Contracts, Provides Free Cash Flow View
(Fri, 18 Sep 2020 14:34:02 +0000)
General Electric (GE) to offer pumped storage technology for the Kundah hydropower plant in India. It inks a deal with BKK in Norway. It offers an update on the company's free cash flow expectations.
Don’t Buy General Electric Even as the Stock Runs Hot
(Fri, 18 Sep 2020 14:18:40 +0000)
General Electric (NYSE:GE) shares are on the move after surging 10% on Sept. 16 and clearing some major areas on the chart. That spurt doesn't make GE stock a buy, unfortunately. Source: Sundry Photography / Shutterstock.com This stock simply has too many problems to be considered a serious long. While it may be susceptible to the occasional squeeze higher, that is not a sound investment thesis. For traders, they may find value in that type of action. As investors, it only adds to the unpredictability of this name. With some concrete changes in its businesses, GE stock could be one heck of a value play -- eventually. InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs of now though, there are simply too many headwinds and the stock -- despite its recent rally -- has been too much of a laggard to take seriously. Don't be starstruck by the stock's 10% jump, even if it came on a volatile Fed day decline. Just this week, GE stock was testing into its March lows. Yes, its March lows! While the rest of the market has moved on from its novel coronavirus lows, GE was about flat up until Sept. 16. * 10 Education Stocks to Buy for the Fall School Season That tells you about everything you need to know. This will tell you the rest. Breaking Down GE StockGeneral Electric has been stuck in a major rut for years now. Poor management, a bloated balance sheet and horribly timed M&A have saddled this company with too much weight. After a few management changes, CEO Larry Culp took over the helm. Let's give credit where credit is due: Culp has been doing a good job with GE. He's working to get the company back to positive free cash flow and reduce debt. GE needs to slim down, become more nimble, double down on its strongest businesses and rebuild from the inside out. Culp was making solid progress, but then Covid-19 came along. Truth be told, there's only so much someone like Culp can do. In the most recent earnings report, four of GE's five business segments reported a loss. That's up from three of its five businesses in the prior quarter. In that quarter, the company suffered worse-than-expected cash outflow. Industrial free cash flow came in at a $2.21 billion deficit. Last quarter, that figure barely shrank to $2.1 billion. In what was once its strongest business unit, Aviation has now suffered greatly. Part of that is due to Covid-19, part of it's due to specific issues related to certain planes (which admittedly, is not GE's fault). In any regard, this unit reported a loss of nearly $700 million last quarter. Orders fell 35% and revenues dropped 29%. Healthcare was the company's one bright spot last quarter, if we can call it that. While this united reported profit of $550 million on $3.83 billion in revenue, these figures were down 43% and 21% year-over-year, respectively. Perhaps GE's business is near a trough, but what if it's not? Bottom Line on General Electric Click to EnlargeSource: Chart courtesy of StockCharts.comThe industrial sector is a tough space to be in right now. End customers are struggling and orders are in disarray. Despite the stock market making it feel like everything is fine, the global economy still has real underlying issues. Even though GE is struggling right now (which is to be expected), doesn't mean it will be struggling forever. However, as investors we need some kind of catalyst aside from, "hopefully things will be better at some undefined point in the future." With GE stock, there is none. The financials are unattractive. The once-powerful dividend is just a penny per share per quarter, good for a yield of about 0.45%. Estimates are not kind, either. Analysts expect a 17% decline in sales this year and just a 3.8% rebound next year. Earnings are forecast to grow substantially next year, climbing from an expectation for a loss of 4 cents per share this year to a profit of 35 cents per share next year. However, if it all comes to fruition, 2021 earnings will represent a near 50% decline from 2019's earnings result. The technicals have been better lately, pushing through the 50-day and 20-day moving averages. However, the rally seems like a better opportunity to exit existing longs than it is to initiate a new position. On the date of publication, neither Matt McCall nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now. As of this writing, Matt did not hold a position in any of the aforementioned securities.  More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Dona€™t Buy General Electric Even as the Stock Runs Hot appeared first on InvestorPlace.
Better Buy: General Electric vs. Boeing
(Fri, 18 Sep 2020 13:07:00 +0000)
The two industrial giants General Electric (NYSE: GE) and Boeing (NYSE: BA) have a lot in common. Both companies are heavily reliant on commercial aviation for their earnings and cash flow, and therefore both companies can be seen as "aviation recovery" plays. Granted, most industry observers believe that commercial air traffic won't return to 2019 levels until 2023 at the earliest, but that won't worry long-term aerospace bulls.


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