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“For 2023, GE posted the largest share appreciation of any U.S. industrial, clocking a gain of 95.8%, including value of the GE HealthCare stock investors received at the spinoff,” Tully writes.
The stock has 13 Buy ratings, 9 Hold and zero Sell. In 2021 the company did an 8 for 1 reverse stock split. Argus's Eade believes shares have room to grow and recently raised his price target to $130.
General Electric has long been an investor favorite. The manufacturing company was, until 2019, a '"dividend aristocrat" -- a stock that not only consistently paid a dividend, but also increased...
You should check out Vulcan Value […] The Large Cap Composite fund posted a return of 24.5% for the second quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 20 ...
As a result, NBC Universal would become a joint venture between Comcast and GE, with Comcast holding a 51% majority stake. As a whole, the deal valued NBC Universal at $30 billion. The deal included an option for General Electric to sell further stakes in the company to Comcast over seven years, or for Comcast to buy stakes at "specified times".
JPM thinks GE's stock ( GE) could power down in the months ahead after a sizzling five-month run. "While we see an excellent business in aerospace and potential in Vernova, GE is up ~80% over the ...
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