Ge Stock Good Investment
Ge signs agreements with power generation joint stock corporation 3.
Ge stock good investment. Helping investors find undervalued stocks that make good investments. By the end of 2019 the stock was up approximately 50 for the year. General electric is a far from perfect company but it s good enough to warrant a serious look by value orientated investors looking for a stock that s been left behind by the market. More importantly given today s oversold test of the 76 support level and a developing higher low pattern the price action has us seeing and believing ge is nearly ready to bring good things.
General electric co ge. General electric whose stock famously. General electric ge flat as market sinks. Ge stock has a 7 6 pretax margin the ibd stock checkup tool shows.
General electric s annual roe is 20 6 above the minimum 17 or higher that investors would want to see. The earnings yield also known as the e p ratio measures the anticipated yield or return an investment in a stock could give you based on the earnings and the price paid. Since late march the bulls have been trying in vain to. 2019 was a good year for ge and saw positive news compared to the previous years in which it was struggling.
Ge announced a new contract with vietnamese state owned power utility power generation joint stock corporation 3. Real time quote is equal to 7 380 usd at 2020 10 26 but your current investment may be devalued in the future. These developments would ultimately make ge a safer investment in the. Stock can be a bad high risk 1 year investment option.
A closer look at ge stock the pandemic induced airline market route undoubtedly took a major toll on general electric s stock price. Ge 5 year service agreement includes provision of new reconditioning parts.