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General ElectricGEDON'T BUYNov 01, 2017Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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.
He would stay away from this at this time. Think of it as the Titanic trying to turn like a speedboat. A mega company that is making major, major changes, especially in terms of selling assets and acquiring businesses. A couple of years ago, they sold off $70 billion of their GE capital assets. That allowed them to give up their banking charter and lower their capital requirements. Throughout all this, they did the largest acquisition in history, which they are still trying to digest. There are a lot of integration risks.