Ge Stock Is It A Buy

The american manufacturing icon.

Ge stock is it a buy. Predicting stock reactions in a covid 19 world isn t as easy as it used to be. Goldman sachs reinstated coverage of the struggling stock with a buy rating on friday calling it the ultimate self help vaccine leverage. Motley fool returns stock. In isolation ge is an attractive stock and it s worth buying for patient investors.

And if investors solely consider ge s eps performance it s tempting to label general electric a strong buy. General electric s turnaround is getting more attention. Should i buy general electric company ge. 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.

Despite the target price cuts ge stock was up 2 3 thursday morning. During 2019 ge was a strong stock and provided a strong return. And a bulleted list of reasons to buy or sell the stock. 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.

On friday goldman sachs analysts resumed their coverage with a buy rating and a 10. A lot of bad news is already reflected in ge. But only if he can find new growth. Shares of general electric ge get report have been volatile lately but bulls are getting back in control.

This is because ge s highly regarded ceo larry culp plans to turn around the under performing power and.