Ge Stock Buy Or Not

History suggests that general electric nyse.

Ge stock buy or not. Ge stock may be an opportunity for bullish stock holders but for everyone else there are cheaper stocks to buy by alex sirois apr 30 2020 5 12 pm edt april 30 2020. The stock has bottomed at those levels before. The 2008 financial crisis hit ge hard. Motley fool returns stock.

With ge stock down some 80 from its high and two failed insider ceos in a row bringing in an outsider with successful turnaround experience could do the trick. Ge stock is a buy here as i write this general electric stock trades at 6 60. The general electric company stock fell by 1 17 in the last day friday 23rd oct 2020 from 7 72 to 7 63. Ge in crisis.

Note that sales are subject to a fee of 10 per transaction plus 0 15 per share sold. No matter how you dice it buying ge stock at this time is a speculative play on what the company might become five or 10 years down the road not what it is today. But many on wall street keep faith in management s ability to deliver an earnings turnaround as headwinds ease. Due to low participation ge ended the stock redemption program on november 10 2016 for ge stock direct investors.

If you want to sell your shares of ge stock please contact ge s current transfer agent equiniti trust company eq. Ge is a large aerospace supplier making engines for many planes including the boeing ba 737 max jet which has been grounded for more than year following two fatal. But only if he can find new growth. The company s stock fell 42 during the year and after welch s departure it became clear that ge was overstretched and bloated.

What the valuation should be for general electric s stock remains a battleground between bulls and bears. Weak technical forecast for general electric company stock being downgraded to hold accumulate updated on october 23 2020 buy or hold candidate since 2020 10 08 gain 14 74 pdf last trading session.