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Opinions Stan Wong
General ElectricGEHOLDApr 06, 2017
Stan WongStock 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 
He likes this, but it has been disappointing in terms of its relative performance to the rest of the group. The industrial space is a prime sector that should do well in an environment where cyclicals are doing well, a pro growth environment, where there is reflation and economic growth. He continues to hold this because the dividend is quite nice at 3.2%. The dividend growth rate should be pretty decent going out a few years. Feels they are being caught in the transition back to an industrial company and is being overlooked by investors. However, valuations are not extremely cheap for a company like this, 18X earnings and growing at about 10% or so.