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Opinions Kash Pashootan
General ElectricGEWAITJul 10, 2015
Kash PashootanStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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Premium contentGeneral Electric Company is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operates in aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance. Social media mentions are up 800% in the past 24h.
Recent run up in share price good, but depends on where investors bought shares. Has sold off/spun off business units which has been good for performance. Trading at ~40x earnings which is high, but runway for growth is strong. Would wait for weakness in share price before buying.
The market lets you change horses halfway through the race, and more people should take advantage of that. A better company today than a year ago. CEO has been excellent. It has aerospace, power, and renewables. A lot of future growth is already built in to the price. He'd sell.
Recent spinoff of healthcare & energy assets good for business.
Share price has out performed the past 1-2 years.
Expecting further growth in industrial business unit.
Good business model that is well run.
Jamie Murray 
They want to divest assets and focus on the industrial energy side. Have done a great job of doing that in a pretty short period of time. The question is, how are they going to reinvest those dollars and how will that transition go. We are in the early stages of the transition and it is too early to say how well it is going. Also, they have made the largest acquisition that they have ever made in history. Spent $17 billion acquiring Alstom, the French engineering firm and there is some integration risks. He likes the name. It is high-quality, well-established and pays a great dividend, but at a time when they are going through such a profound transition, he would wait to get some evidence that progress is taking place. Trading at 18X earnings.