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NYSE:GE

General Electric (GE)

357.02
-0.62 (0.17%)
as of Jun 18, 2026, 11:45:31 pm Market Open.
186 watching
0
SELL
Diverse operations that tend to offset each other. Service market is doing relatively well and margins coming in a little better than expected on industrial side. Military is performing better than commercial. Original equipment orders are down 40%. Expects decline to continue. GE Capital still has weakness. NBC’s profits were also weak. Yields about 3.5%.
BUY
(Market Call Minute.) Screening well for him.
DON'T BUY
The risk is that such a large percentage of their operating income comes from the financing side of the business. Any company that relies on wholesale funding of a lending business will have to pay significantly higher capital costs. Thinks it will struggle to grow in line with other US diversified industrial firms because their financing arm will hold them back. Would prefer 3M (MMM-N)
BUY
Outlook from 3 to 5 years is pretty good. There is bit of a mystery on the financial side but outside of the financial assets this company is beautifully positioned. Looking at what they own in media (NBC), power assets and infrastructure growth globally it is very well positioned. Won't be a high-growth but it is stable. The non-financial assets are under appreciated.
DON'T BUY
A little bit like gambling. Balance sheet is massive and they have massive amounts of assets that you don't know about for sure. Economy is still going down, therefore more write-downs probably and more problems in the financial system.
COMMENT
Overhang right now is the financial side. Industrial business continues to do quite well. More recently there is concern that they may have to separate the 2. If so there is risk that there isn't the backstop in the credit strength that the combined businesses have. There is risk the stock goes lower.
TOP PICK
In all the various areas of power generation such as wind power, ocean currents. Also in the software and the generators. Forward PE is about 12. Stoploss would be $10.
SELL
From a macro standpoint industrial stocks should do well if you are assuming the economy is going to re-accelerate later this year. However, from a bottom-up perspective, it is trading at 13X its forward PE with a 3% yield. There is declining earnings growth and analysts’ estimates are being revised down. Has fallen below its 50-day and 200-day moving averages.
COMMENT
A number of catalysts that are very positive for this company including increasing interest in nuclear power, expected large increase in civil aviation and have probably put most of their finance problems behind them. Still in too many businesses for his taste but a good long-term holding.
BUY
A barometer of the world economy. Their financial division has dragged them down in the last little while. This is now being addressed and is on its way back. The rest of the business is very solid. Should create 10%-20% over the next 12-24 months.
HOLD
Bonds. They have worked very diligently at reducing their balance sheets risks. Solid long-term hold.
DON'T BUY
Had a near-death experience and almost went under in March. Have almost $100 billion of commercial paper outstanding so it is more of a finance company than people think. This one is too hard.
WAIT
Sees this one higher in a year. The big minus is their finance unit. A 2nd smaller minus his aircraft engines. Big plus is that it is probably the best managed manufacturer globally. Also moved a lot of production to China and brought costs down. When he is ready to buy US, this is at the top of his list.
TOP PICK
Now safe to put your feet back into this company. Broad range of companies. Financial services side has dominated their earnings outlook and how investors viewed them for the last few years. Vast majority of operations are outside of the US. 3% yield.
BUY
They were really dependent on the GE Financial Services, which is what drove the stock down. At this price, he likes it. When there is a recovery in media they will be participating in it. They are also very big in infrastructure and alternative energy.
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