|Bid||9.32 x 1000|
|Ask||9.33 x 46000|
|Day's Range||9.18 - 9.35|
|52 Week Range||6.40 - 14.99|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||0.04 (0.38%)|
|1y Target Est||12.61|
Given its modestly poor performance on Tuesday and Wednesday, the odds were against a gain on Thursday headed into the long weekend. But the S&P 500 defied the odds, clawing its way back out of the red to leave behind a 0.16% gain. It's clear, however, the weight of the gains since late December aren't going to be easy to shrug off.Source: Allan Ajifo via Wikimedia (Modified)Investors can thank General Electric (NYSE:GE) for doing a great deal of the heavy lifting. Shares of the struggling industrial giant were up 2.5% after Melius Research analyst Scott Davis claimed a top industrial investor is stepping into the beaten-down stock.At the other end of the spectrum, Pfizer (NYSE:PFE) fell 1.5%, extending a sector-wide selloff that largely stems from an uncertain future for healthcare. Most Democratic Presidential candidates are developing a platform on government-managed healthcare, while Republicans aren't offering much in the way of alternatives.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Cheap Stocks That Cost Less Than $10 Neither of those names is a particularly great trading prospect as the new trading week kicks off though. Rather, take a look at the stock charts of CF Industries Holdings (NYSE:CF), Caterpillar (NYSE:CAT) and Lamb Weston Holdings (NYSE:LW) for your best bets. Caterpillar (CAT)Caterpillar shares have been losing ground since early 2018. Although 2017 was almost heroic, fear of tariffs followed by the actual implementation of those tariffs took a sizeable toll on CAT stock.Things have changed since October's low though. We've seen a string of higher lows, and as of the end of last week, higher highs. There's just one more hurdle to clear before Caterpillar stock is in full-blown breakout mode. Click to Enlarge * The breakout trigger would be a thrust above the upper edge of the falling trading range plotted in white on the weekly chart. One or two more good days could get the stock past that ceiling. * In the meantime, CAT stock has cleared a horizontal ceiling at $142.83, plotted with a yellow dashed line on both stock charts. Shares hit highs there a couple of times before pushing above that resistance last week. * If the breakout takes hold, the most plausible upside target is around $159, where CAT peaked several times in the middle of last year. That level is marked with a dashed blue line on the daily chart. Lamb Weston Holdings (LW)You may be more familiar with Lamb Weston Holdings than you realize. The company supplies potato products to the restaurant industry. Restaurants sell 80 million servings of Lamb Weston-supplied fries every single day. It may also be unfamiliar simply because it has only been a publicly traded entity since late 2016, when it was spun off by ConAgra Foods (NYSE:CAG).LW stock had a pretty good post-spinoff run too. As of last week though, it's pretty clear the post-spinoff euphoria has run its course. LW stock is one bad day away from a major meltdown. * 10 Best Stocks to Buy and Hold Forever Click to Enlarge * Thursday's low lines up with the last two major lows, plotted with a yellow dashed line on both stock charts. * Although the intermediate-term support is still intact, the horizontal support at $68.00, where Lamb Weston stock found a floor a few times in February and March, failed as a floor on Thursday. * It's subtle and not yet convincing, but Friday's bearish volume in LW stock was above average. It's a hint that there may be a lot more nervous investors waiting in the wings to dump their stake should things get any worse. CF Industries Holdings (CF)A month ago, CF stock was close to a breaking point. It was moving back toward a low around $89 for a second time after falling to that level in early March, with some momentum behind the effort.The stock never slipped over the edge though. Rather, it pushed up and off that floor at $89 to make a double bottom. Now shares are within striking distance of a couple of different technical ceilings that could prove quite catalytic. Click to Enlarge * The first of those technical ceilings is $45.40, marked with a red dashed line. That's where shares peaked in February, and so far where they've peaked in April. * Bolstering the bullish case is the amount of buying volume that materialized the last two days of last week. There are willing buyers out there. * Further bolstering the bullish case is the way CF stock found support at a well-established support line plotted in purple on the weekly chart. It has tagged all the key lows going back to late 2016. * At this point, the make-or-break line is the 200-day moving average line, plotted in white on both stock charts.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 * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post 3 Big Stock Charts for Monday: Caterpillar, Lamb Weston and CF Industries appeared first on InvestorPlace.
Former Intel chief executive Andy Grove called these moments “strategic inflection points”. For some, he wrote, “That change can mean an opportunity to rise to new heights. Successful companies such as BlackBerry maker Research In Motion and Nokia did not heed the early signs of a move to app-based smartphones. The problem is a strategic inflection point can come along and make the reference points they have developed obsolete.
General Electric is one of the largest and, at times, most profitable multinational conglomerate in the U.S. These subsidiaries and acquisitions represent some of GE's key operational segments.
biopharma healthcare business offset revenue. On an adjusted basis, the company earned $1.07 a share, above the 99 cents posted a year ago and the $1.02 a share forecast by analyst surveyed by FactSet. Revenue increased to $4.9 billion from $4.7 billion in the same period in 2018, with non-GAAP core revenue growth of 5.5%.
Danaher's (DHR) first-quarter 2019 results gain from sales growth and DBS initiatives. It lowers projection for 2019 to include the dilutive impact of the BioPharma buyout.
General Electric’s beaten-down stock is up 25% year to date, and an analyst said the smartest industrial investor he knows is buying the shares.
China’s Slowdown Concerns Decline amid Strong Data(Continued from Prior Part)Chinese economy On April 17, China (FXI) released several economic data points. The country’s first-quarter GDP growth of 6.4% surprised on the upside. Other indicators
ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation. Spiesshofer's abrupt exit follows the launch of the biggest overhaul in ABB's 31-year history to reposition the company more towards digital industries and agreeing to activist shareholder demands to sell its power grids business. Time ran out for Spiesshofer, who has led ABB since September 2013, following a conference call between board members on Tuesday evening.
Why Jeffrey Gundlach Thinks Now's a Good Selling Opportunity(Continued from Prior Part)Jeffrey Gundlach on central banks Jeffrey Gundlach presented his views on central banks’ policies and how they impact investments during his interview with The
To see why, it's important to realize that corporations calculate their profit using at least two different accounting methods. The first method, using guidelines from the Securities and Exchange Commission, determines how corporations calculate the earnings they report to Wall Street. A separate set of accounting guidelines from the Internal Revenue Service is used to formulate corporate tax bills.
General Electric (GE) closed the most recent trading day at $9.14, moving +1.78% from the previous trading session.
This lithium-ion battery materials maker not only scored a mega-funding round but also attracted a high-profile executive to its board of directors.
Since the February merger of Wabtec and GE Transportation, union workers in Erie have pushed back against the manufacturing company's proposed contract changes. The two parties have until June 3 to come to an agreement.
Cummins Inc. (CMI) is adding to its additive manufacturing capabilities by investing in a new, high-precision 3D metal printing technology called binder jet. This investment is just the next step in Cummins’ plan to revolutionize its manufacturing processes and accelerate the company’s trajectory toward scaled production in additive technologies. Binder jetting is a technology where a print head moves across a bed of powder and selectively deposits a liquid binding agent in the shape of the section, bonding these areas together to form a solid part one layer at a time.
General Electric Company (NYSE: GE) shares are trading slightly higher Tuesday morning, a potentially bullish near-term technical sign. GE shares on Monday dipped below $9 for the first time since January, but the stock quickly bounced and may have finally found some support. GE's stock sold off by more than 7 percent earlier this month when JPMorgan analyst Stephen Tusa downgraded the stock and lowered its price target to just $5.
State-owned Israel Electric Corp said on Tuesday it will pay General Electric about 1 billion shekels ($280 million) to build and maintain a new unit at one of its power stations. Israel Electric (IEC) said it has an option to partner with GE on a second unit as well at the Orot Rabin power station in the coastal city of Hadera. Israel has pledged to stop producing electricity from coal by 2030, and IEC said it was committed to bring the first new unit online by June 2022, and the second about half a year later.
One longtime bear is warning investors to sell GE stock again, but recent progress at the company could make this a good time to buy.
General Electric Co.'s stock edged up 0.2% in afternoon trade Monday, erasing earlier losses of as much as 2.3%, in a late attempt to snap its losing streak at 8 sessions. The industrial conglomerate's stock had tumbled over the past eight sessions, highlighted by the 5.2% drop on April 8 after J.P. Morgan analyst Stephen Tusa downgraded GE back to underweight, after he had helped spark a rally in December with his upgrade to neutral. A ninth-straight decline on Monday would have been the longest losing streak since the 9-day stretch ended Nov. 5, 2018. GE's stock has still run up 24% year to date, while the Dow Jones Industrial Average has gained 13%.
The question is whether we will someday soon be saying any of those things about GE, or if new CEO Larry Culp can get the company on stable enough ground that we can have a conversation about the next 127 years. When GE’s difficulties were first mounting, a breakup was thought to be one possible balm, and that’s more or less what former CEO John Flannery proposed last year before he was unceremoniously ousted after just 14 months on the job. Under Flannery and Culp, GE has sold its transportation unit, unwound part of its stake in the merger of its energy assets with Baker Hughes and found a buyer for its biopharmaceutical business.
Considering (GE) stock’s (ticker: GE) recent record, one may not consider it to be the most stable investment, but Gateway Investment Advisers, which specializes in low-volatility equity strategies, has been buying the shares. The company also reduced its holdings of (BA) (ticker: BA), (KHC) (KHC), and (MU) stock (MU) in the first quarter. Boeing stock rose 9.4% in 2018, and managed to end the first quarter with a 18.3% gain even as a deadly crash in early March highlighted potential issues with the company’s 737 MAX aircraft.
FAIRFIELD, Conn., April 15, 2019 -- CompanyGeneral Electric CompanyISINUS3696041033Symbol London: GEC | Paris: GNEHeadlineDoc re: GE files Form 8-K On April 12, 2019, General.