GE Aug 2019 16.000 put

OPR - OPR Delayed Price. Currency in USD
5.50
0.00 (0.00%)
As of 12:00AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close5.50
Open5.50
Bid5.95
Ask6.00
Strike16.00
Expire Date2019-08-16
Day's Range5.50 - 5.50
Contract RangeN/A
Volume10
Open Interest10
  • Companies to Watch: Huawei expects revenue drop, GE redesigns plane engine, Target apologies
    Yahoo Finance17 hours ago

    Companies to Watch: Huawei expects revenue drop, GE redesigns plane engine, Target apologies

    Huawei, General Electric, Target, Google, Sony and AT&T are the companies to watch.

  • Barrons.com12 minutes ago

    GE Investors May be Caught in an ‘Echo Chamber’

    Much of the recent negative information on GE seems to have come from GE’s biggest competitor. That raises a new risk for GE investors: The echo chamber.

  • General Electric (GE) Stock Sinks As Market Gains: What You Should Know
    Zacks12 hours ago

    General Electric (GE) Stock Sinks As Market Gains: What You Should Know

    General Electric (GE) closed the most recent trading day at $10.05, moving -1.76% from the previous trading session.

  • GE Aviation calls engine order largest in aviation history
    American City Business Journals15 hours ago

    GE Aviation calls engine order largest in aviation history

    A Greater Cincinnati manufacturer will produce engines for India’s largest passenger airline as part of a multibillion deal the company said is the largest single engine order in aviation history.

  • Airbus, GE Notch Paris Air Show Wins As Boeing Open To 737 Name Change
    Investor's Business Daily16 hours ago

    Airbus, GE Notch Paris Air Show Wins As Boeing Open To 737 Name Change

    Airbus and GE announced their first orders at the Paris Air Show Monday, while Boeing said it's open to changing the 737 Max's name.

  • Bloomberg16 hours ago

    GE and Honeywell Stare Down a $74 Billion Monster

    (Bloomberg Opinion) -- United Technologies Corp. CEO Greg Hayes dropped the bombshell news of his company’s merger with missile-maker Raytheon Co. just days before the start of the Paris Air Show, thereby ensuring rivals would have to answer questions about the deal at the industry’s premier event. The deal will turn United Technologies into a $74 billion commercial aviation and defense powerhouse, with the kind of scale and negotiating leverage that was previously only enjoyed by Boeing Co. and Airbus SE. Management at General Electric Co. and Honeywell International Inc. don’t seem in any rush to respond in kind, and they aren’t so sure bigger is better. But the United Technologies-Raytheon merger is so big that it will be impossible for them to ignore it.“We’ve never really considered scale as a part of our strategy,” Tim Mahoney, CEO of Honeywell Aerospace, said in an interview at the Air Show on Monday. The company prioritizes differentiated products that are more than a “me-too” and believes that will ultimately give it an advantage with manufacturers and airlines, he said. GE’s David Joyce, who heads up the company’s aerospace business, echoed that thought in a Bloomberg TV interview: “That merger may have scale but we have the right technologies and engines to be competitive.”During a media briefing earlier in the day, Joyce touted the advantages of GE’s Leap engine over the rival geared turbofan from United Technologies’ Pratt & Whitney arm, including what he says is a $1.4 million advantage in residual value and 6% better utilization. After the merger, GE’s biggest jet engine rivals will continue to be Pratt & Whitney and Rolls-Royce Holdings Plc, and “I feel really good about our positioning relative to either of those competitors right now,” Joyce said. The “right now” part of that sentence seems key. No, GE isn’t gaining a new competitor, but it is going to see a very different one.United Technologies and Raytheon are targeting $8 billion in annual R&D spending. GE Aviation spent $1.5 billion on R&D in 2018, including contributions from customers, according to its annual filing. That would put the aviation unit’s R&D spending at about 5% of sales. At the media briefing, Joyce said GE Aviation spends about 8% of its sales on R&D, which is based on $2.4 billion in total “engineering” spend. Either way, it’s less than the nearly 11% of United Technologies-Raytheon’s combined sales that will be devoted to investing in new products. Honeywell doesn’t disclose R&D spending by division, but spent $1.8 billion on company-sponsored R&D across all its businesses in 2018, according to its 10K. That’s roughly 4.3 percent of its total sales last year.The dollar amount isn’t everything. As GE itself knows far too well from its experience going down the rabbit hole on its Predix software platform, it’s quite easy to spend a lot of money without anything to show for it. And United Technologies will admittedly be distracted while it integrates not only Raytheon, but the $30 billion acquisition of avionics maker Rockwell Collins Inc., which only just closed in November. Not to mention it’s also trying to break itself in three parts. The company’s wager on scale is still highly untested and despite all the speculation about the sweeping consolidation its dealmaking might inspire, we haven’t seen much of that. Of the eight aerospace and defense deals larger than $5 billion over the past decade, United Technologies (or Rockwell Collins) has been involved as a buyer in four of them; United Technologies also sold its Sikorsky helicopter unit to Lockheed Martin Corp. for $9 billion in 2015. The party of bigger is better is pretty much a party of one – again, for now.Joyce interestingly said that while the United Technologies-Raytheon tie-up doesn’t make him feel compelled to act, he “wouldn’t rule out anything” when it comes to a deal with a good value proposition, and that he talks to CEO Larry Culp on a regular basis. That echoes increasingly frequent comments made by Culp about going on offense. I do wonder whether GE is thinking more seriously about dealmaking – or if it just wants investors to think that it is. As for the much-debated possible combination of GE Aviation and Honeywell Aerospace, I don’t get the impression the latter is that interested. Honeywell views acquisitions as a way to extend the capabilities of its businesses, rather than double down on more of the same, Mahoney said. He gives the example of Honeywell’s purchase of fuel-efficiency software maker Aviaso in 2015 for an undisclosed amount. Mahoney said he wished Aviaso was a larger business, which suggests he’s not opposed to bigger takeovers but only if the technology is really compelling.So don’t hold your breath on that one. But could there be other deals? Check back at next year’s Air Show in Farnborough. To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Oilprice.com18 hours ago

    Energy Majors Face Off To Get A Piece Of This $40 Billion Deal

    International energy companies are descending on Iraq for a bid on the country’s $40 billion infrastructure overhaul imitative

  • Barrons.com18 hours ago

    Another General Electric Business May be ‘Gone With the Wind’

    JPMorgan analyst, and longtime General Electric bear, Stephen Tusa thinks that GE’s onshore wind-power business will decline in 2021, after the expiration of U.S. government tax credits for renewable-power generation.

  • TheStreet.com18 hours ago

    General Electric: Expect More of the Same in the Weeks Ahead

    In the daily bar chart of GE, below, we can see that prices have traded sideways between $11 and $9 the past 4 1/2 months. The trading volume looks like it has diminished since early February as the trading range has narrowed. The daily On-Balance-Volume (OBV) line has been flat to slightly lower since early February signaling that sellers are slightly more aggressive.

  • Is it Time to Get Back Into Boeing Stock?
    InvestorPlace18 hours ago

    Is it Time to Get Back Into Boeing Stock?

    The news has been bad for Boeing (NYSE:BA) and the chart looks ugly. Which means it may be time to get in. Boeing has been making negative headlines ever since one of its new 737 MAX jets crashed in Ethiopia in March. It was the second such crash in six months.Source: Shutterstock Now airline executives are calling the industry itself traumatized. They're having to cancel flights. Big orders are being lost. A Norwegian MAX was denied entry into German airspace this week, landing in Paris instead. People dreaming of bratwurst are being given crepes instead.Analysts, often the last to react to anything, are now sending out bearish notes. Investors are being warned away. The stock has fallen 20% since March 1.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAll this tells me it may be time to buy. The Bull Case for BA StockAt its current price of around $352 per share, Boeing is selling for around 20 times last year's earnings and its dividend was yielding 2.4%. That's as cheap as it has been in years. The stock has more than tripled in price over the last five years. * 7 Top-Rated Biotech Stocks to Invest In Today Boeing operations aren't slowing down, because Boeing has a huge backlog of orders. Despite the scandal it still beat rival Airbus SE (OTCMKTS:EADSY) on orders for the first quarter.One big reason for that is its military contracts. Boeing is the second-largest military contractor in the world. It got $13.7 billion of contracts in one month recently. As the world gets its war on, this is a significant tailwind.Boeing brings in 31 cents of profit for each dollar of capital deployed, which is huge. The company is expecting earnings of $1.81 per share on revenue of $21.57 billion when it reports July 24. Even with its latest fall the stock is up 163% over the last five years. Boeing's Bear CaseThe bears do have a case.The case starts with Boeing's reaction to the scandal. It seems an example of what not to do. Blaming pilots before collecting all the evidence rankles.CEO Dennis Muilenburg has apologized to those who lost loved ones in the two crashes. But to many people they look like crocodile tears. Analysts are looking to the company's board to provide leadership but, so far, it seems dug-in on behalf of management.Flyers also now hate the 737 MAX, Boeing's best-selling jet. They want to see it fly safely for six months, with other people on it, before they say they'll get in one. Some airlines want Boeing to pay for their grounding of the aircraft.Boeing's recent order woes are so bad they're impacting the whole nation's durable goods numbers. Lawyers are lining up the class-action suits over the stock's fall. The maiden flight of its 777X was delayed, although its General Electric (NYSE:GE) engines are being blamed. The Bottom LineIf Boeing made cars or refrigerators, a scandal like the one involving its best-selling product would be ruinous.But Boeing makes airplanes. Few companies make airplanes. Even with all the cancellations and two months without orders Boeing had a backlog of 5,582 planes at the end of April.This means Boeing has time to deal with the 737 MAX. With almost $8 billion in cash and short-term investments on the books, it can handle the pain. The rest of the company is doing well. Military orders continue to come in on an almost daily basis. Down $90 per share from its high, it looks like the patience of an income investor will be rewarded if they pull the trigger on Boeing stock today.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post Is it Time to Get Back Into Boeing Stock? appeared first on InvestorPlace.

  • General Electric Has Big Headache Tied To Biggest Jet Engine Ever
    Investor's Business Daily19 hours ago

    General Electric Has Big Headache Tied To Biggest Jet Engine Ever

    GE will redesign a new jet engine for Boeing's newest jets after finding unexpected wear in a compressor part. GE stock fell while Boeing rose.

  • Business Wire19 hours ago

    Unison Launches All New Hi-Performance Igniter with Twice the Life

    Unison Industries, whose equipment reliably start more than 50,000 aircraft engines daily, announced today a new product to market that will deliver the longest lasting CFM56-series igniter plug in the industry. Unison’s Hi-Performance Igniter for CFM56-series has twice the life of standard igniters. Unison is the only CFM56 OEM-approved igniter plug by CFM, and it is currently being installed on all new CFM56 engines after receiving FAA approval in 2018.

  • The Biggest Takeaway From GE's Recent Presentations
    Motley Fool20 hours ago

    The Biggest Takeaway From GE's Recent Presentations

    At this top industrial conglomerate, what you see might be what you get.

  • Budget Airline IndiGo Orders 280 Jet Engines in $20 Billion Deal
    Bloomberg21 hours ago

    Budget Airline IndiGo Orders 280 Jet Engines in $20 Billion Deal

    (Bloomberg) -- Indian budget carrier IndiGo is ordering jet engines worth $20 billion from a joint venture of General Electric Co. and France’s Safran SA, a sign that the biggest buyer of Airbus SE A320neo planes is moving away from a rival engine by Pratt & Whitney following a series of glitches.The order by IndiGo, operated by InterGlobe Aviation Ltd., for 280 engines to power Airbus A320neo and A321neo aircraft will include service and maintenance, the airline statement said. CFM International, the GE-Safran venture, will deliver the first engine by 2020.The order is a blow to Pratt, a division of United Technologies Corp., which has grappled with delivery delays and groundings in India after spending $10 billion to develop its fuel-efficient geared turbofan for single-aisle jets. The deal strengthens CFM’s presence in India, the world’s fastest growing aviation market last year, with the local affiliate of Singapore Airlines Ltd. and state-run Air India Ltd. already using its turbines.A move by IndiGo, Asia’s biggest budget carrier by market value, to CFM “would be a key reputational negative” for Pratt’s geared turbofan and could hurt future sales campaigns, Cowen & Co. analyst Cai von Rumohr said in a note to clients on May 30. IndiGo, which controls almost half of the local market in India, had ordered 430 A320neo-family jets, and chose Pratt to supply turbines for the first 150 of them. The airline, founded by billionaires Rakesh Gangwal and Rahul Bhatia, is in talks with Airbus to place another “large” order to fuel an ambitious growth plan beyond the subcontinent, Chief Executive Officer Ronojoy Dutta said in an interview last month.To contact the reporter on this story: Anurag Kotoky in New Delhi at akotoky@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Ville Heiskanen, Unni KrishnanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Here's Why it is Worth Holding on to Danaher (DHR) Stock Now
    Zacks22 hours ago

    Here's Why it is Worth Holding on to Danaher (DHR) Stock Now

    Danaher (DHR) stands to gain from solid product portfolio, acquisitive nature and shareholder-friendly policy. High costs and debts as well as forex woes remain concerning.

  • Boeing says sorry for MAX 737 crashes, promises to learn lessons
    Reutersyesterday

    Boeing says sorry for MAX 737 crashes, promises to learn lessons

    Boeing executives took turns to apologise for the loss of life in two 737 MAX crashes and pledged to apply lessons of the crisis to future planes as the world's largest aerospace company struck a chastened tone at the opening of the Paris Airshow. Executives from finance, jetliners, defence and services added their voices to apologies for the 346 deaths from Chief Executive Dennis Muilenburg, while also touting the strength of the overall aerospace and defence market. "This is the most trying of times," Boeing commercial airplanes boss Kevin McAllister told a press briefing.

  • Reutersyesterday

    UPDATE 1-Boeing says sorry for MAX 737 crashes, promises to learn lessons

    Boeing executives took turns to apologise for the loss of life in two 737 MAX crashes and pledged to apply lessons of the crisis to future planes as the world's largest aerospace company struck a chastened tone at the opening of the Paris Airshow. Executives from finance, jetliners, defence and services added their voices to apologies for the 346 deaths from Chief Executive Dennis Muilenburg, while also touting the strength of the overall aerospace and defence market. "This is the most trying of times," Boeing commercial airplanes boss Kevin McAllister told a press briefing.

  • Rolls-Royce Awards $6.5 Billion Engine-Repair Deal to Mubadala
    Bloombergyesterday

    Rolls-Royce Awards $6.5 Billion Engine-Repair Deal to Mubadala

    (Bloomberg) -- Rolls-Royce Holdings Plc awarded a unit of Abu Dhabi sovereign wealth fund Mubadala Investment Co. a $6.5 billion contract to service hundreds of engines that power the Airbus SE A330 jetliner.Sanad Aerotech will maintain 75 Trent 700 engines a year over nine years under the deal. That’s about 50 more than it services now, and represents one-quarter of all the A330 turbines that are overhauled globally for London-based Rolls each year, according to a statement Monday.With other contracts won, Sanad Aerotech is showing it “can take a larger stake” in the third-party maintenance market, Badr Al Olama, executive director of Mubadala Aerospace & Defense, said in an interview ahead of the Paris Air Show, where the contract was announced. The unit’s customers already include airlines from Chile, South Korea and Portugal.Sanad Aerotech, which will boost its workforce by more than 40% to almost 500 engineers and technicians, currently services about 100 engines annually, including the Trent 700, according Chief Executive Officer Mansoor Janahi.Other turbine types maintained are General Electric Co.’s GEnx, which powers Boeing Co.’s 787 Dreamliner, and the International Aero Engines V2500, used on Airbus A320-series jets.To contact the reporter on this story: Mahmoud Habboush in Abu Dhabi at mhabboush@bloomberg.netTo contact the editors responsible for this story: Nayla Razzouk at nrazzouk2@bloomberg.net, ;Anthony Palazzo at apalazzo@bloomberg.net, Christopher JasperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com2 days ago

    Market Outlook: Cramer's 'Mad Money' Recap (Friday 6/14/19)

    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.

  • Goldman Sachs: 5 ‘Superstar’ Stocks To Buy Now
    TipRanks2 days ago

    Goldman Sachs: 5 ‘Superstar’ Stocks To Buy Now

    Goldman Sachs has a new strategy for investors to consider. The firm has now revealed that the most dominant companies in an industry tend to outperform companies with a smaller percentage of market sales. There’s even a name for these kind of companies ‘superstar firms.’ “The market positioning of superstar firms often allows for greater bargaining power over consumers and workers and higher profitability,” Goldman's senior US equity strategist David Kostin told investors. “Superstar firms have been one driver of the explosion in US corporate margins post-crisis.”According to Kostin, companies with the highest share of industry sales have returned 49% since 2015. In contrast, companies with the lowest share of industry sales returned just 16% over the same time-frame. Here we take a closer look at five of the most prominent stocks in Goldman Sachs' 'superstar' portfolio. Should you buy into these names now? Let’s see what the Street has to say now… 1\. Altria (MO) * 88% share of industry US salesDuring the last five years, tobacco giant MO has gained 23%. That’s despite a disastrous 2018 which saw prices pullback 30%. So far in 2019, shares are holding steady- and Wells Fargo’s Bonnie Herzog spies upside ahead. She has just reiterated her Buy rating with a price target of $65 (28% upside potential). She believes that Altria will be able to weather the shift from traditional cigarettes to vapor products. “Major tobacco manufacturers are well-positioned in the current regulatory/political environment driven by strong management teams and a deep reservoir of bench talent and funds to drive innovation” says the analyst. Interestingly, Herzog adds that industry consolidation “will increasingly favor scale in the global ‘arms’ race in reduced-risk products (RRPs) while addressing the youth crisis.” Altria, for example, recently invested $12.8 billion in leading e-cigarette maker Juul Labs as well as a further $1.8 billion in cannabis stock Cronos Group (CRON). Luckily for Altria, Juul recently revealed Q1 sales of $528 million, up 23% from the previous quarter’s revenue. Now there is talk that Juul could be on the way to opening its own chain of vaping shops, starting in Houston and Dallas, Texas. Meanwhile Altria will also exclusively distribute Philip Morris International's (PM) "heat-not-burn" tobacco device. Called IQOS the device heats tobacco to around 350°C vs temperatures in excess of 600°C for a cigarette. “Because the tobacco is heated and not burned, the levels of harmful chemicals are significantly reduced compared to cigarette smoke” claims the company.Overall, we can see that the stock has a cautiously optimistic Moderate Buy analyst consensus. This is based on all the ratings received by the company over the last three months. Meanwhile the average analyst price target of $60 indicates upside potential of 18% from current levels. View MO Price Target & Analyst Ratings Detail 2\. Alphabet (GOOGL) * 63% share of industry US salesLooking back, GOOGL has almost doubled in value over the last five years. But that doesn’t mean there isn’t further upside potential ahead. GOOGL still retains a bullish ‘Strong Buy’ Street consensus. What’s more, the $1,334 average analyst price target indicates upside potential of over 22%. That’s despite more anti-trust talk from regulators, with Makan Delrahim (Assistant AG, DOJ) suggesting that stricter regulation may be coming.“Investors may be getting relatively comfortable with the underlying regulatory risk given that so far, the financial performance at FB, GOOGL and AMZN continues to be in line or even better than what the Street has been expecting” notes top-rated SunTrust Robinson analyst Youssef Squali. Given the complexity and global considerations of regulating and/or breaking up big tech, Squali is confident that it is likely to take years for regulatory measures to be implemented, and even longer for them to start impacting the financials of these companies. What’s more there is a growing realization that even in case of a break-up of a behemoth like GOOGL, the value of the parts may be higher than the whole over time. For example, Needham analyst Laura Martin has just reiterated her GOOGL buy rating with a $1,350 price target. She has calculated that the company could be worth nearly 50% more than its current valuation in the case of a break-up. Martin values Google search at $600 per Alphabet share, YouTube at $200, and the Android App Store at $100. Plus there are extra contributions from Gmail, Maps, Waymo, DeepMind etc. “Elevated regulatory scrutiny adds costs and margin pressures for 2-4 years, but probably has little impact on revenue growth or consumer usage until outcomes are determined and then fought out in the courts,” she concluded.View GOOGL Price Target & Analyst Ratings Detail 3\. General Electric (GE) * 51% share of industry US sales With new CEO Larry Culp at the helm, General Electric has put on a remarkable year-to-date rally of over 40%. The company was primed for a rebound after plunging over 50% in 2018. And analysts are currently divided about the stock’s outlook going forward.The key question is whether Culp’s multiyear turnaround plan will succeed to boost the company while reducing its massive $110 billion debt pile (as of March 31, according to FactSet). Cowen & Co’s Gautam Khanna sums up the problem here: “The major debates on GE's stock, which won't be resolved for years, are whether cost cutting & portfolio actions will return Industrial to sustained high FCF [free cash flow] conversion, & if Capital will require more cash support.” As a result, the analyst reiterates his Hold rating on GE with an $8 price target. That suggests shares could fall 20% from current levels. However, there are some more positive voices in the crowd. Most noticeably, William Blair’s Nicholas Heymann has just reiterated his GE Buy rating. He believes GE can ‘materially outperform’ the market over the next 12 months.“We continue to believe GE’s underlying intrinsic value (with no value assigned to Power) is somewhere in the range of $14-$16 per share,” the analyst revealed, describing this as a “highly feasible base-case valuation for GE’s share price over the next 6-12 months.”“The unbridled fear that overshadowed a rational assessment of the company’s underlying fair value exiting 2018 is beginning to recede and be replaced with far less ambiguous and more tangible plans and actions that will support a likely materially higher value for GE’s stock over the next 12 months and beyond,” said Heymann. View GE Price Target & Analyst Ratings Detail 4\. Walt Disney (DIS) * 49% share of industry US salesThis is a critical year for Walt Disney. As well as two new Star Wars attractions, DIS is also launching its own direct-to-consumer (DTC) streaming service known as Disney+. Clearly investors are feeling optimistic- boosted by the success of Avengers: Endgame (the second highest-grossing film of all time), shares are up 29% year-to-date. This brings Walt Disney’s total five-year gain of over 70%. It’s not just investors that are bullish on DIS right now. In the last three months, 16 analysts have published DIS Buy ratings vs just 3 Hold ratings. That gives DIS its ‘Strong Buy’ Street consensus. Meanwhile the average analyst price target of $153 indicates upside potential of 8%. “I believe that Disney+ will be a significant revenue driving opportunity along with the ongoing success of Disney Studios and Theme Parks” commented five-star Tigress Financial analyst Ivan Feinseth. “I further believe both Star Wars and Marvel franchises including a number of series from both these franchises will be significant drivers for Disney+ subscriptions,” Feinseth wrote. ‘Star Wars Episode IX: The Rise of Skywalker’ is set for release this December, and could also generate a whopping $2 billion in box office revenue.At the same time Morgan Stanley’s Benjamin Swinburne has just raised Disney’s long-term DTC subscribers and earnings estimates. This leads him to a new $160 price target and $210 bull case. He is now forecasting over 130mm global OTT subscribers by 2024, and is confident that DIS shares can sustain a premium multiple as the service ramps up. The analyst’s willingness to underwrite these higher estimates stems from: 1) A faster-than-expected global launch for Disney+; 2) More IP aggregating more quickly than anticipated; and 3) A plan to leverage third-party distribution. View DIS Price Target & Analyst Ratings Detail 5\. General Motors (GM) * 48% share of industry US salesOnly three analysts have published recent ratings on GM. Two analysts are staying neutral on the stock, while one analyst- Morgan Stanley’s Adam Jonas\- has a bullish rating on GM. Encouragingly, out of the three analysts, Jonas is the analyst with the strongest stock picking track record. Following relatively ‘in-line’ Q1 earnings results, Jonas reiterated his buy rating and Street-high price target of $44. From current levels that translates into 23% upside potential. According to the analyst, Q1 earnings didn’t fundamentally change his take on the GM story- especially if you strip away the mark-to-market ‘noise’ from the Lyft (LYFT) and PSA revaluations. Nonetheless, Jonas revealed that he was "sympathetic to some investor profit taking" after prices climbed 5% in April.And the analyst also moved to temper expectations surrounding GM’s self-driving Cruise unit. "While we think GM Cruise has important technological value, we urge investors to lower expectations on revenue generation and profitability of the unit," Jonas advised. "Taking nothing away from GM cruise, it is our understanding that the technology required to remove human drivers at an acceptable level of consumer safety is likely many years away." He continued: "And the legal and regulatory construct to support, even proven technology, may present even greater hurdles largely outside of GM Cruise's control."At the time of writing, General Motors has enjoyed a modest year-to-date rise of 7%. Despite rallying in both 2016, and 2017, 2018 was a more difficult year for GM investors with the stock losing 19%. View GM Price Target & Analyst Ratings DetailDiscover stock ideas from the Street’s best performing analysts here

  • Investing.com2 days ago

    Economic Calendar - Top 5 Things to Watch This Week

    Investing.com - The Federal Reserve policy meeting is expected to be the biggest event for markets this week. Expectations for a rate cut have increased in recent weeks as President Donald Trump's trade policies fueled fears over the prospect of a U.S. recession.

  • Markit3 days ago

    See what the IHS Markit Score report has to say about General Electric Co.

    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 Managers’ 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 score@ihsmarkit.com.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.