|Bid||10.24 x 1100|
|Ask||10.25 x 34100|
|Day's Range||10.18 - 10.34|
|52 Week Range||6.40 - 13.88|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.39%)|
|1y Target Est||N/A|
The most important thing to watch next week is Twitter, Jim Cramer told his Mad Money viewers Friday. -- the Twitter account of President Trump, who's likely to have something to say about China and trade that will send the markets lower. Cramer said the numbers will be all investors care about at GE, but even if Adobe reports great earnings, investors might not care as they rotate away from the cloud stocks and into other sectors.
General Electric Co NYSE:GEView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for GE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GE. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold GE had net inflows of $6.97 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. GE credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
General Electric is making major changes after a brutal couple of years. Here is what the fundamentals and technical analysis say about buying GE stock now.
Larry Swedroe is on a mission: Save investors, one at a time if necessary. To spread his gospel, Swedroe writes investing books and is director of research at Buckingham Asset Management in St. Louis.
NEW YORK/BAGHDAD/WASHINGTON (Reuters) - General Electric Co potentially stands to win a large share of multibillion-dollar contracts to rebuild Iraq's electricity system, reflecting a change in how Iraq intends to award the work after the United States lobbied for GE, according to sources familiar with the matter. Iraq signed five-year "roadmap" agreements with GE and Siemens AG last October under which the country plans to spend about $14 billion on new plants, repairs, power lines and, eventually, equipment to capture for use natural gas that is now being flared off. In awarding projects to Siemens in April, however, Iraq's prime minister said the German company was well-placed to win the bulk of future deals.
Shares of General Electric Co. fell 0.6% in midday trading Friday, after famed bearish analyst Stephen Tusa at J.P. Morgan questioned the industrial conglomerate's apparent change in focus on upbeat "headlines" of deal announcements. Tusa reiterated his underweight rating as his Wall Street-low price target of $5. "Orders are important for growth; however, for a company that has acknowledged chasing deal announcements despite unfavorable price and/or terms/risk, and one that has claimed to no longer promote market share as the main goal, recent developments raise questions around how much change has actually occurred," Tusa wrote in a note to clients. Although GE booked a "substantial amount" of orders in the fourth quarter, he said he's not sure what the economic value of those deal is, other than a temporary cash beat, as GE's renewables business is booking losses this year on material volume increases and negative free cash flow, which he doesn't expect to recover much, even next year. GE's stock has slipped 0.5% over the past three months, while the Dow Jones Industrial Average has gained 1.5%.
The corporate venture unit led rounds for a number of Bay Area startups over the past six years, including a pair of Redwood City-based unicorns — 3D-printing business Carbon Inc. and personalized medical technology developer Heartflow Inc.
Boston-based General Electric Co. is evaluating “strategic options” for its corporate venture capital arm GE Ventures, a company spokesperson said.
GE Ventures, which was started in 2013, has been shopping itself for several months and is currently in talks with other venture firms about a possible buyout, sources told CNBC on Thursday. "During this time of transformation for GE, we are evaluating strategic options for GE Ventures to continue delivering returns for our shareholders and partners," said Megan Newhouse, a GE spokeswoman, in a statement to CNBC. GE shares were rising 0.34% to $10.31 on Thursday.
With all due respect to the analyst community, please stop handicapping General Electric (NYSE:GE) as if it's possible to know where the company will be a year from now. Likewise to investors, be wary of treating GE stock as if it reasonably compares to peers such as Honeywell International (NYSE:HON) or Danaher (NYSE:DHR).Source: Shutterstock GE is, more than anything else right now, an enigma… an idea. Choosing not to acknowledge it as such could prove frustrating.That's not intended as an insult to parties on either side of the capital-markets table, to be clear. The aforementioned pitfalls are easy to stumble into; I've stumbled into both traps more than once myself.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Quality Cheap Stocks to Buy With $10 But, as a guy who's been in the investing business for 20 years now (with the gray and thinning hair to prove it) I can say I've seen, heard, and done it all, most of it twice.That includes the current General Electric story and all of its nuances; same story, different name. And, the fact of the matter is, nobody has a clue General Electric is really going. They're all guessing. We're all guessing.There is one thing I am confident of though. That is, if GE stock can clear one key technical hurdle, all that rhetoric is going to turn bullish in a hurry, driving what could be a decent bullish swing trade that may well flag the long-awaited, bigger turnaround. A Closer Look at GEIt's not a reality too many in the financial media and investment-advice business care to concede, but sometimes, our best guesses still aren't all that good.It's a rarity, to be fair. People paid to pontificate tend to have a rather firm grip on things that are taking shape with the economy, the market and with individual companies.This isn't one of those times though. General Electric has thrown a lot of people for a loop.But, at least the professionals at this dance have to chime in with something on the company.Reality: The sale of General Electric's assets like its locomotive arm to WabTec (NYSE:WAB) and the rumored liquidation of its aviation finance arm are seemingly steps in the right direction. GE needs cash to shore up liquidity problems, and selling assets is the quickest way to raise liability-free cash. Bear in mind, however, the company is selling revenue-bearing and in many cases profit-driving assets.Some say there's more upside to paring itself down, but others are less convinced divestitures are the right move given the company's cash-flow challenges.Its Power arm is in trouble too. Let's not pretend like that's not at least partially the result of persistently tepid oil and gas prices though, admittedly underscored by a lack of product development.The former remains entirely out of the company's control, no matter how well General Electric regroups its power business from the inside.The biggest X factor of all though is the unknowable. Right now, there are simply an overwhelming number of unknowables muddling up a clear view of the company's fiscal strength.Perhaps more so than any other outfit seen in the modern market era, General Electric is a moving target… multiple moving targets, in fact. Nobody really knows what lies ahead, even if their thesis seem rock-solid and well-polished. Looking Ahead for GE StockThat's not to suggest GE stock has to be avoided. Indeed, General Electric has the potential to be very rewarding for the right kind of trader.The key is simply understanding that the chart of GE stock right now is driving opinions of the stock as much as it's being driven by them.To that end, we're all lucky in the sense that investors have collectively, unconsciously drawn their line in the sand. It's $10.48, where GE stock has peaked a couple of times since March.It's working on another test of that technical ceiling right now, but is starting that effort with the benefit of its first streak of higher lows since 2016.Notice GE shares have also crossed back above the 200-day moving average line, plotted in white, and this time seem a little more willing to stay here.Zooming out to the weekly chart we can see this week's strength presses against the line that's capped all the key highs going back to May of last year.Clearly there's more work to be done. But, if General Electric shares can move above its recent ceilings, it becomes much easier to justify buying.It also becomes much easier to justify upgrades; don't think for a minute analysts' handling of the turnaround story aren't being scrutinized more than they normally might for other names.Just wait and watch. The Final WordI'm all too aware that penning these kinds of ideas is maddening to a whole slew of people… professionals as well as amateurs. The notion that a chart can lead to opinion changes rather than the other way around is often dismissed. And, there was a point in time, years ago, when such an idea should have been dismissed.The market's changed though. Fundamentals don't matter nearly as much as stories do, assuming that fundamentals mean anything anymore. In the case of General Electric right now, they may not.Whatever the case, don't kid yourself about what GE stock is here. You're not making a bet on the company by buying it now, or after any cross above $10.48.You're making a bet on how the masses are going to feel about GE at some point in the foreseeable future. Indirectly, you're betting on how analysts are going to change their opinions when they absolutely have to.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post The Problem Is, GE Stock Is Just Unknowable Right Now appeared first on InvestorPlace.
The US navy’s Fifth Fleet, which is based in Bahrain, is offering assistance and the British navy is investigating the cause of the explosions. For now, details of the incident remain unclear but Bermuda-based shipping company Frontline said one of its vessels, Front Altair, was on fire in the Gulf of Oman, while another operator Bernhard Schulte Shipmanagement, based in Hamburg, said its tanker had been hit by a torpedo.
Engine maker CFM International is poised to announce one of the world's largest jet engine orders with a deal for more than 600 engines from India's IndiGo, industry sources said. The French-U.S. engine maker, owned by General Electric and France's Safran, has been competing with the airline's existing engine supplier, Pratt & Whitney, to provide the power for 280 twin-engine A320-family jetliners already on order from Airbus by the Delhi-based budget carrier. The airline has selected CFM for the order, which is expected to rise above 600 engines including spares, the sources said.
We're finally seeing U.S. stocks cool off a bit after a miraculous run over the past few week or so. One would think that the bears could undo some of these gains here. The fact that they can't says it's more likely buyers are taking a rest right now rather than sellers taking control. That can always change -- sometimes just from a tweet -- but for now, we have to respect that observation. Let's look at some top stock trades going forward. Top Stock Trades for Tomorrow 1: Facebook Click to EnlargeFacebook (NASDAQ:FB) shares are under pressure with worries about whether CEO Mark Zuckerberg was aware of the company's privacy issues. InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe stock was rejected from its 50-day moving average and is failing to hold its 20-day moving average. It's no surprise that downtrend resistance (blue line) is also squeezing it lower. * 5 Tech Stocks That Are Far Too Risky Right Now Let's see where it firms up. If buyers come in to defend FB, $175 may hold. If not, a decline down to the $160-ish level may be in the cards. On the upside, bulls really need to see FB clear downtrend resistance and the 20-day moving average. That puts the 50-day and potentially higher back on the table. Top Stock Trades for Tomorrow 2: General Electric Click to EnlargeLook at General Electric (NYSE:GE) quietly trying to breakout. The stock pushed through a convergence of moving averages near $9.75 and is now well north of $10. Bulls need to see the stock hold above its three major moving averages. So long as that's the case, a breakout over $10.50 is in the cards. If it does, the February high near $11.28 is the first target. If $10.50 holds as resistance, bulls need to see its trifecta of moving averages hold as support. Otherwise, $9.50 and potentially $9 are on the table. Top Stock Trades for Tomorrow 3: The Trade Desk Click to EnlargeThe Trade Desk (NASDAQ:TTD) took a quick 6% hit on Wednesday on an analyst note, but recovered half of those losses by the close. It's left the stock bouncing off its 10-day moving average, but is otherwise just floating there. Where resistance came into play is no surprise. A close below Wednesday's low could get us a flush in TTD. Maybe only down to the 20-day moving average, but perhaps down to the 50-day moving average. I would love to see TTD back down in that $190 to $200 consolidation zone, but after a $50 rip in a week, I don't know if it will decline that far, (short of a broader market correction). If it does, I would consider it a buying opportunity. Otherwise, see how it trades through the rest of the week. If today's lows hold, a retest of its highs and channel resistance are in the cards. Top Stock Trades for Tomorrow 4: Alteryx Click to EnlargeAlteryx (NYSE:AYX) is ripping higher on Wednesday, with the stock up 10%. Along with TTD, these two stocks have been total studs and the gains shouldn't surprise InvestorPlace readers. After all, they are two of the seven mid-cap stocks to buy for big-time returns. So what now? AYX continues to bumble along against channel resistance, a mark that's been in place since the fourth quarter. Can AYX breakout over it? Of course, but I wouldn't bet on it happening. I'd rather potentially play the breakout after the fact than gamble on multi-month resistance suddenly giving way. However, I would certainly be a buyer on a pullback into the $87 to $92 area. Aggressive bulls may pull the trigger at $95 to $96. Top Stock Trades for Tomorrow 5: Adobe Systems Click to EnlargeAdobe Systems (NASDAQ:ADBE) reports earnings on June 18th. Usually we see some upside action ahead of the report as optimism grows. It's no secret this name has been a huge winner over the years, so optimism ahead of the print is not surprising. Above, you can see that the 50-day moving average is holding up, as is the backside of short-term downtrend resistance. That said, $285 has been a ceiling to ADBE while it has made three straight lower highs. * 7 Stocks to Buy for the Coming Recession I don't know how the stock will trade post-earnings, but as long as it holds today's lows, it could be good for a bounce in the coming days. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ADBE. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 5 Top Stock Trades for Thursday: FB, GE, TTD appeared first on InvestorPlace.
Aerospace companies that could count Raytheon Technologies as rivals have selected urban cores for new offices, versus Greater Boston’s suburban markets.
In this daily bar chart of G, below, we can see a sideways to lower pattern of trading into lows in late October and late December. In this weekly bar chart of G, below, we can see an overall bullish picture. The trend-following MACD oscillator is well above the zero-line, but the two moving averages that make up this indicator have narrowed and could either cross to the downside or turn up again -- it all depends on the price action in the next few weeks.
It was back and forth all day yesterday, and when all was said and done, the tug-of-war essentially ended in a tie. The S&P 500 lost 0.03% of its value on Tuesday, squelching the rally effort for a day, but at least keeping the market positioned for another try that doesn't have to start with a lot of groundwork.Source: Allan Ajifo via Wikimedia (Modified)Advanced Micro Devices (NASDAQ:AMD) did more than its fair share of damage, falling 2.5% mostly following worries that its newest graphics cards may be priced too high. Sprint (NYSE:S) actually lost more ground though, off nearly 6% in response to news that several states were suing to block its intended merger with rival T-Mobile US (NASDAQ:TMUS).There were some big winners all the same though. Chief among them was the 6.7% gain metal company Vale (NYSE:VALE) logged, mostly as a bounce back from news that it would be spending nearly $2 billion to shutter nine dams in Brazil where the company has suffered from multiple fatal dam breaks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for the Coming Recession None are particularly compelling prospects as we move into Wednesday's trading, however. Rather, pay close attention to the stock charts of Under Armour (NYSE:UA), General Electric (NYSE:GE) and Ventas (NYSE:VTR). Here's what's most noteworthy for each. Ventas (VTR)The last time we looked at Ventas back in November, it had just popped above a nagging resistance line, which put it en route to higher highs. And, that's what happened. VTR poked above resistance around $58.40, and by December, it was trading around $65.50. That's when VTR shares bumped into another set of resistance lines.Those ceilings are still a problem. But, they're also now just part of a much bigger consolidation effort that's about to come to an end. A huge converging wedge shape is nearing its point, and Ventas has already knocked one of them over. The last big one is in reach. Click to Enlarge * The final line in the sand is plotted in yellow on both stock charts. Although VTR shares poked above that ceiling once last month, it has otherwise been the big resistance level. * Zooming out to the daily chart you can see several different support and resistance lines, each of which puts the stock in a successively bullish position. Under Armour (UA)Under Armour has tried three times since April of last year to get back in a bullish groove. The first two times failed, and the third one is now underway. Given its history and the fact that the stock is once again overbought, odds are good this third time won't be the charm either. However, the fact that UA shares continue to take swings suggests it's only a matter of time before the effort finds success. Best of all, it's crystal clear where Under Armour shares will slide out of its rut and into a prolonged uptrend. * 10 Smart Dividend Stocks for the Rest of the Year Click to Enlarge * The big resistance line to watch is currently near $23.50, marked with a white dashed line on both stock charts. That ceiling tags all the major peaks since last year, including the one from Monday. * Zooming out to the weekly timeframe, we can see what happens when the stochastic lines move into overbought condition like we are now. The bulls may find more success at a slower pace, though they'll need to peel back from here either way to make that happen. * The weekly chart also clarifies how much room there is to recover the big selloff from 2016, once the effort gets moving at a sustainable pace. General Electric (GE)All of the rebound efforts General Electric shares have made since the beginning of the year have proven fruitless, making the current one suspect. Indeed, most would-be buyers have lost interest in GE, and aren't even aware that the once-struggling company's shares are even toying with a true rebound.Yet, now's precisely the time investors need to put General Electric back on their radars, and watchlists. Although not over the last of its key hurdles yet, it quietly moved above one big one, and is within sight of the final one. It's not the ideal effort thus far, but there's still a whole lot working in favor the recovery move. * It's evident on the daily chart, but only fully appreciable on the weekly chart … the moving average lines that have been diverging since the beginning of 2017 are converging again. It's a major clue of transition. * As of Tuesday, GE shares are back above the 200-day moving average line, plotted in white on both stock charts. * Although the weekly chart shows us the Chaikin line is back above zero, the daily chart makes it clear that there's not much volume behind the recovery effort so far. * The make-or-break level is right around $10.50, plotted in yellow on both stock charts, where the stock has peaked a couple of different times since March.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 3 Big Stock Charts for Wednesday: Ventas, Under Armour and General Electric appeared first on InvestorPlace.
Yahoo Finance Editor-in-Chief Andy Serwer sits down with John Donahoe, president and CEO of ServiceNow, and former president and CEO of eBay.