Christine PooleGeneral ElectricGEHOLDNov 23, 2023

They're separating their energy and aerospace businesses. If shares come down just $2-3, he would, but it never does because the CEO is amazing.

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. 

Just reported a fine quarter with a terrific aerospace business. Orders are up double digits, with services up 15% and equipment up 22%.

Lots of changes the past few years. Not the same company as in the past. Like aerospace business, but not GE specifically. Better names in sector. 

Are spinning off their power business to become a pure play in aerospace. Q3: orders up 34% YOY, Revenue up 25% YOY and segment profits up 33% YOY

Company transforming itself (spinoffs etc.)
Very successful transformation.
Expected to be an aerospace business by the end of the year.
Current share price is expensive.

Still a work in progress. Cleaning it up, spinning off some divisions. In mediocre businesses that they can't get out of. Avoid. Better companies elsewhere.

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.

Up 75% YTD. The CEO has done an amazing job.

Take this as an opportunity to sell. Industrials are at a high, and GE has moved with them. Big tech is leading the market, but the market is broadening out, and that's critical for nabbing opportunities. Good job with challenges, but better and safer opportunities out there.

They're killing it on the strength on its aerospace business. Early next year they will spin off their power division, so keep an eye on that.

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. 

Used to be diversified. Now more concentrated. New CEO has done a great job reinventing the company. Lots more potential down the road. Will continue to do well. In transition, and stock should do much better. Don't sell now.