Seems like a strong buy, esp for those who have a few hundred or thousand of disposable.
I have 220 shares...and it's been a shitty investment so far lol
Shit stock bought at 25 and will never recover
Why not look at AT&T.. it is almost near its bottom and has excellent dividends
Lmao GE is the business of the past not the future. I think growth is the ultimate metric for an acceleration in PE multiple improvement. Retail investors don’t care about fundamentals
I’m not sure if it’s worth it. I think more people will buy it at this dip which could allow room for hope. As well, once things improve in regards to COVID, manufacturing will pick up which could improve outlook for GE’s future. But for myself, I wouldn’t invest in the stock.
What’s your analysis on GE? Stock price looks pretty flat for the past 6 months.
My understanding is when things go back to normal, the stock will see a resurgence. Boeing is slowly in the works get the 737 back to production status. I suspect Airbus will ramp up manufacturing as well. I think it’s a long term buy. Completely understand your position if you’re a day trader or short term investor. I think GE is a marathon not a Turkey Trot 5k
If that’s the case, why not consider Boeing or airline stocks instead? I think those stocks have more potential for when things go back to normal than GE. Just my two cents.