GE - General Electric Company

NYSE - NYSE Delayed Price. Currency in USD
+0.10 (+1.48%)
At close: 4:00PM EDT

6.85 -0.01 (-0.22%)
Before hours: 8:51AM EDT

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Price Crosses Moving Average

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
Previous Close6.76
Bid6.81 x 27000
Ask6.79 x 40000
Day's Range6.72 - 6.87
52 Week Range5.48 - 13.26
Avg. Volume115,183,588
Market Cap60.005B
Beta (5Y Monthly)0.96
PE Ratio (TTM)N/A
EPS (TTM)-0.32
Earnings DateJul 29, 2020
Forward Dividend & Yield0.04 (0.59%)
Ex-Dividend DateJun 26, 2020
1y Target Est8.19
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
-35% Est. Return
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    The troubles that industrial icon General Electric (NYSE: GE) has been dealing with are headline grabbers. The biggest story has been its heavy debt load and the efforts to sell assets to get its balance sheet back into shape. The first really big issue for General Electric to deal with, without question, was its balance sheet.


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  • General Electric Is Still Playing a Losing Hand

    General Electric Is Still Playing a Losing Hand

    In early June, it appeared all the tumblers were coming into place for General Electric (NYSE:GE). After over a year of cost cutting and streamlining, the company looked like things might be turning around. In the first five trading days of June, GE stock climbed over 25%, nearly in lockstep with Boeing (NYSE:BA) stock.Source: Sundry Photography / But in this case, what goes up fast can come down just as hard. And in the case of GE stock, the stock has given up all of its gains as new cases of the novel coronavirus are threatening to cool the embers of the economic recovery.In the past, General Electric was a stock that investors ran to in times of economic uncertainty. But in those days, GE was in defensive industries and offered a strong dividend. That's not the reality of GE today.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Utility Stocks to Buy Keeping Lights On And Dividends Flowing The company reshuffled the deck, but for now, there's nothing in their hand that makes me want to invest. The Novel Coronavirus Came at a Really Bad TimeIn the company's first-quarter earnings call, chief executive officer Larry Culp confirmed what many investors already knew. It's going to be rough sledding for GE in the next quarter. And that the company was facing some challenging times.So let me tell you what we do know. The second quarter will be the first full quarter with pressure from COVID-19, and we expect that our financial results will decline sequentially before they improve later this year. The bottom line is we have some challenging times ahead …I had my doubts, but I've been impressed with the discipline and execution that Culp has brought to GE. He had an unenviable job and has accomplished a great deal. It's been no small feat winning back the trust of analysts. But in addition to getting the company's financial house in order, Culp has streamlined the business.Right now, the company is still a conglomerate, but the parts seem to relate better. But the underlying question is whether the whole is greater than the parts. This Is Not Your Parents General ElectricLarry Ramer writes about General Electric's future-facing portfolio. The company is operating in many areas that represent the future of our nation. The electric power grid, wind turbines, digital technology, and renewable energy are all part of the company's product portfolio. And with core offerings in health care and aviation, it seems that the company would be a sexy pick among industrial stocks. That would probably be true if this were 2017 or 2018.But right now, the economy is struggling to get off its back. Yes, we had an encouraging May jobs report, and the June numbers may also be encouraging. However, the economy is still trying to recover from the novel coronavirus. And while it may not require one of GE's ventilators, it's not going to be the V-shaped recovery some had hoped.The General Electric of Jack Welch was perhaps the ultimate defensive stock. Today, the company needs a robust economy for success. And that's probably at least a year away. The simple truth is that Culp was dealt a bad hand in the midst of a robust economy. He's played that hand really well all things considered, but without a vibrant economy, the company looks stuck in neutral. GE Stock Looks About RightInvestors don't seem to have a lot of conviction on GE stock one way or the other. They seem to be building a line of support at around $6.50. But the immediate question is if there's any reason to believe investors will send the stock back to around $8.50. And then the other question is that really enough incentive to buy the stock right now?The company did pay its greatly reduced dividend. But at a single penny per share, GE has a long way to go to return to its days as a dividend darling.With all that said, I think GE stock could be a long-term option. But until business conditions improve across all areas, there's really no reason to initiate a position.Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019. As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post General Electric Is Still Playing a Losing Hand appeared first on InvestorPlace.

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    On CNBC's "Mad Money Lightning Round," Jim Cramer said that he did a 10-year chart of Plug Power Inc (NASDAQ: PLUG) and, for the first time, he thinks its acquisitions were good. He is going to dig deeper because he thinks there is more to it.Yeti Holdings Inc (NYSE: YETI) is having an unbelievable summer, said Cramer. He would stay in the stock.Cramer would not buy American Airlines Group Inc (NASDAQ: AAL). He explained that the company is borrowing at 12% and he sees that as a bad sign.He would hold General Electric Company (NYSE: GE). He thinks that CEO Larry Culp, is going to figure it out.Amyris Inc (NASDAQ: AMRS) is a very interesting story and Cramer likes it, but he has to dig deeper.See more from Benzinga * Cramer Advises His Viewers On Upwork, GE And More * Cramer Shares His Thoughts On Pinterest, Nokia And More * Cramer Shares His Thoughts On Teva, Oxford Industries And More(C) 2020 Benzinga does not provide investment advice. All rights reserved.

  • Invest in SapientX for AI Tech That Takes on Siri and Alexa

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    SapientX develops sophisticated artificial intelligence software for voice recognition. And the company has also launched a crowdfunding financing on the Wefunder site. In other words, anyone can invest in SapientX (the minimum is $100).Source: Shutterstock Even though mega-cap tech companies have invested substantial amounts in voice technology -- such as with Apple's (NASDAQ:AAPL) Siri and Amazon's (NASDAQ:AMZN) Alexa -- there is still much to be done. The fact is that accuracy continues to be a challenge and there are also concerns about user privacy.But for SapientX, this is a big opportunity. Keep in mind that the co-founders have deep experience with AI. For example, Bruce Wilcox has more than four decades in the field and has won the Loebner Prize four times for the best conversational AI. He has also worked at companies like Amazon and Fujitsu (OTCMKTS:FJTSY).InvestorPlace - Stock Market News, Stock Advice & Trading TipsThen there is Maclen Marvit. He is actually a rocket scientist, having worked at NASA and Blue Origin.And CEO David Colleen has led development teams for AI and virtual reality (VR). During his career, he has worked with 17 Fortune 100 companies on software projects. How It WorksThe good news about Siri and Alexa is that they have introduced millions of people to voice interfaces. The result is that this category has seen substantial growth -- which should continue for some time. After all, there are companies in many industries that want to use voice systems for their own offerings.Yet when it comes to the SapientX platform, there is a often pushback from potential customers. How is it possible that a small company can compete against giants like Apple and Amazon?Is the technology even real? * 10 Consumer Stocks to Buy to Ride the Post-Covid-19 Wave These concerns are certainly reasonable -- and they go to the heart of whether it makes sense to invest in SapientX. But the Wefunder profile does point out that the company's technology is operational and has trial customers like Mitsubishi (OTCMKTS:MSBHY), Volvo, KTM, Yamaha (OTCMKTS:YAHMF) and General Electric (NYSE:GE). The goal is to commercialize the AI system by the end of this year.The key to SapientX is that it has built its conversation platform from the ground up. This has allowed the company to focus on the main areas that customers want. To this end, there has been the addition of 40 languages and the system does not need to use the internet to operate (it can use local data). The company also notes that its conversational understanding accuracy is up to 99%. By comparison, Siri is at 75% and Alexa is at 73%. Should You Invest in SapientX?Consider that an earlier version of SapientX was embedded in Outfit7's virtual pet, called Talking Angela. The company would ultimately exit at $1 billion. In fact, the AI voice space has seen a myriad of high return outcomes for startup investments. In a group of 23 companies, 16 exited in the last four years and the average return was 17x, according to analysis from SapientX.OK then, as for the crowdfunding round from the company, the valuation is at $7 million. Investors will receive preferred stock in the company, which means that they get greater claims to the assets if there is a liquidation event, such as a bankruptcy or acquisition.But despite the traction with SapientX, there still remain substantial risks. Note that the revenues are minimal and the net loss was $399,329 in the latest fiscal year. Another issue has been the impact of the novel coronavirus, which has delayed some of the customer contracts and has made some prospects more hesitant.So when evaluating SapientX, it's a good idea to do your own analysis and see if this investment fits within your diversification needs.Tom Taulli (@ttaulli) is an advisor and author of various books and online courses about technology, including Artificial Intelligence Basics, The Robotic Process Automation Handbook and Learn Python Super Fast. He is also the founder of WebIPO, which was one of the first platforms for public offerings during the 1990s. As of this writing, he did not hold a position in any of the aforementioned securities.Investing through equity and real estate crowdfunding or asset tokenization requires a high degree of risk tolerance. Despite what individual companies may promise, there's always the chance of losing a portion, or the entirety, of your investment. These risks include:1) Greater chance of failure 2) Risk of fraudulent activity 3) Lack of liquidity 4) Economic downturns 5) Dearth of investor educationRead more: Private Investing Risks More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Invest in SapientX for AI Tech That Takes on Siri and Alexa appeared first on InvestorPlace.