GE Dec 2019 7.000 call

OPR - OPR Delayed Price. Currency in USD
3.4500
0.0000 (0.00%)
As of 2:05PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close3.4500
Open3.4500
Bid3.1500
Ask3.5500
Strike7.00
Expire Date2019-12-20
Day's Range3.4500 - 3.4500
Contract RangeN/A
Volume4
Open Interest39
  • Barrons.com11 minutes 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.

  • The Biggest Takeaway From GE's Recent Presentations
    Motley Fool35 minutes 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
    Bloomberg1 hour ago

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

    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.

  • Here's Why it is Worth Holding on to Danaher (DHR) Stock Now
    Zacks2 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
    Reuters5 hours ago

    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.

  • Reuters5 hours ago

    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.

  • TheStreet.com23 hours 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
    TipRanksyesterday

    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.comyesterday

    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.

  • Markit2 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.

  • Is GE Stock A Buy Right Now? Here's What Earnings, Chart Say
    Investor's Business Daily3 days ago

    Is GE Stock A Buy Right Now? Here's What Earnings, Chart Say

    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.

  • TheStreet.com3 days ago

    How to Invest in Stocks: 14 Keys to Remember

    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.

  • GE poised for significant power orders in Iraq after U.S. push -sources
    Reuters3 days ago

    GE poised for significant power orders in Iraq after U.S. push -sources

    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.

  • MarketWatch3 days ago

    GE's stock slips after bearish J.P. Morgan analyst questions focus on deal 'headlines'

    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%.

  • GE wants to unload the portfolio of its Menlo Park venture arm
    American City Business Journals3 days ago

    GE wants to unload the portfolio of its Menlo Park venture arm

    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.

  • GE evaluating 'strategic options' for its venture arm, company says
    American City Business Journals4 days ago

    GE evaluating 'strategic options' for its venture arm, company says

    Boston-based General Electric Co. is evaluating “strategic options” for its corporate venture capital arm GE Ventures, a company spokesperson said.

  • TheStreet.com4 days ago

    GE Ventures Is Looking to Unload Its Start-Up Portfolio - Report

    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.

  • The Problem Is, GE Stock Is Just Unknowable Right Now
    InvestorPlace4 days ago

    The Problem Is, GE Stock Is Just Unknowable Right Now

    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.

  • PR Newswire4 days ago

    Consolidating the IT and Biomedical Departments Will Be Vital to Avoid Clinical Network Failures

    SANTA CLARA, Calif., June 13, 2019 /PRNewswire/ -- More United States hospitals are responding to the influx of connected medical devices by reorganizing legacy patient care networks and traditional IT and Biomed departments, placing clinical engineers and IT specialists under the same department. Frost & Sullivan's virtual think tank, Best Practices for Managing Patient Monitoring Networks Across the IT and Biomedical Departments, aims to understand what best practices successful hospitals were following to keep these critical pieces of infrastructure functional and focused on supporting patient care.