facebookGeneral electric(nyse: ge) has been rebounding recently. Possible buy? - Seedly

Advertisement

Anonymous

18 Apr 2019

General Investing

General electric(nyse: ge) has been rebounding recently. Possible buy?

Been slumping for years, but recent earnings report seem to be showing positives. possible value buy?

Discussion (1)

What are your thoughts?

Learn how to style your text

Again, its about whether the rebound is short lived or fundamentally sound. I believe when you posted this GE was looking pretty sharp from its earnings report- beating analysts expectations. I have not done an indepth research into GE's 10Q's and 10K's - but have catched the headlines recently with their $21billion sale of BioPharma Unit(which investors reacted positively to), befor their announcement to expect negative CFs for the whole of next year on 5th March which spooked investors and led to an 8% drop.

I personally wouldnt spend my time doing research on a big company like GE, especially with expected negative CFs for next year. That being said, it is still a stock worth watching in the coming periods- which might present even more attractive valuation ratios to buy into.

Write your thoughts

Advertisement