Last week was quite a brutal one for the markets.
General Electric: Buy The Dip? - General Electric Company (NYSE:GE) | Seeking Alpha
Many stocks saw their share price tumble, irrespective of their fundamentals. This decline has made some stocks attractively priced. One in particular would be General Electric NYSE: However, I believe the sell off is overdone and that General Electric is ready to bounce back. It is surprising that General Electric sold off as a result of its Q4 results. Let us also not forget General Electric's massive order backlog.
The only disappointment I could find was less than expected margin improvements from the industrial segments. Nevertheless, is likely to be a strong year for General Electric. General Electric is also on track to exit North American retail finance as planned for sometime in Drivers for growth this year will be the aviation, oil and gas, healthcare and appliance segments. Overall, EPS for the company is expected to come in flat compared tothough the industrial profits are likely to post double-digit growth.
General Electric is very focused on should i sell ge stock now capital to its shareholders. In addition, the recent sell off has made General Electric's dividend even more juicy.
At current prices, General Electric yields slightly north of 3. This is very likely to grow in General Electric has previously noted that it plans to reduce its float to roughly 9.
Some may argue that General Electric will post very modest EPS growth this year. However, this is part of the long-term plan to divest GE Capital, which should eventually reduce its exposure to finance and eventually increase the multiple for the shares. General Electric's stock now seems to be very fairly priced.
In addition, its robust dividend yield and large forex traders job description buyback program should reward its investors over time. The opinions in this article learning to count canadian money games for informational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned.
Please do your own due diligence before making any investment decision. I am long GE. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha. I have no business relationship with any company whose stock is mentioned in this article.
Long Ideas Short Ideas Cramer's Picks IPOs Quick Picks Sectors Editor's Picks. Q4 results disappoint, but looks bright It is surprising that General Electric sold off as a result of its Q4 results. GE's Q4 slides Nevertheless, is likely to be a strong year for General Electric.
GE: Time To Sell? - General Electric Company (NYSE:GE) | Seeking Alpha
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