General Electric (GE) is one of the oldest companies currently publicly traded. But, despite being more than 130 years old, the saying that “you can’t teach an old dog new tricks” doesn’t apply here. As the company finally nears the end of its multi-year turnaround, things are looking positive. In fact, the stock has [...]
General Electric’s Stock Price Quietly Jumped 54% in Last 5 months. Is It on The Launching Pad for a Multi-year Advance?
By Leslie N. Masonson, MBA General Electric Company (GE: NYSE), the historic American multinational conglomerate, based in Boston and incorporated in 1892, once stood proudly as the sole survivor among the original thirty companies listed on the well-known Dow Jones Industrial Average. However, its reign came to an end on June 19, 2018, when [...]
It’s been a rough year for General Electric, as the company is down over 25% in the past year. The high-tech industrial firm operates in a wide array of sectors and is well diversified - and yet, they’ve struggled even in the bigger picture. In the past 5 years, GE is down a whopping 60%. [...]