General Electric (GE) is an American multinational conglomerate corporation incorporated in New York, and headquartered in Fairfield, Connecticut. As of 2015, the company operates through the following segments: Appliances, Power and Water, Oil and Gas, Energy Management, Aviation, Healthcare, Transportation and Capital which cater to the needs of Home Appliances, Financial services, Medical devices, Life Sciences, Pharmaceutical, Automotive, Software Development and Engineering industries. In 2011, GE ranked among the Fortune 500 as the 6th-largest firm in the U.S. by gross revenue,[5] and the 14th most profitable.[6] As of 2012 the company was listed the fourth-largest in the world among the Forbes Global 2000, further metrics being taken into account. The Nobel Prize has twice been awarded to employees of General Electric: Irving Langmuir in 1932 and Ivar Giaever in 1973. On January 13, 2016, it was announced that GE will be moving its corporate headquarters to the South Boston Waterfront neighborhood of Boston, Massachusetts. Some of the workers will arrive in the summer of 2016, and the full move will be completed by 2018.
Anybody think yesterdays closing price may be a decent entry price on a overall long-term uptrend over the last 5 years? Previous resistance at the $31 level should act as support.
Reported before open today (4/22/16) Earnings: EPS $0.21 and revenue $27.85B Estimates: EPS $0.19 and revenue $27.62B
GE bounced off the 50MA the last two trading days. Looks like some strong support and it's approaching the closing price the last two trading days.
Reported before open today (7/22/16) Earnings: EPS $0.51 Revenue $33.49B Estimates: EPS $0.46 Revenue $31.76B Down 1.93% today so far
Reported before open today (10/21/16) Earnings: EPS $0.32 Revenue $29.3B Estimates: EPS $0.30 Revenue $29.64B Down 2.00% today so far
General Electric Company’s Dividend Increase Signals Progress (GE) http://investorplace.com/2016/12/ge...s-progress-for-income-investors/#.WFKti32DCho
New Acquisitions Could Drive General Electric Company (GE) Stock Higher http://amigobulls.com/articles/ge-s...rive-general-electric-company-ge-stock-higher
I bought more yesterday. If it slips after ER will buy more. Gigantic company. Takes time for transition to digital. Long term hold.
Industrial conglomerate General Electric ($GE) may also move to the downside after Deutsche Bank downgraded its rating on the company’s stock to Sell from Hold.
Today turned out to be a fake out. It was all about one thing, expiration day on oil contract futures. Oil bottomed, look to bounce.
Do not listen to some of the noise here, GE will not cut the dividends if they are buying their shares back no cut. Trust the data, forget the noise, if the company buy their shares back I buy side by side with them and think about it. BUY and HOLD.
What exactly is going on here? Who gives a shi* what Warren Buffet did 3 months ago. Perhaps, in another 3 months, he'll stop breathing.
Warren Buffett has a lot of fans, his books are still wildly popular, but a lot of what he wrote about 20yrs ago is out dated. AMZN,GOOG, TSLA? These are stocks that Buffett would never had touched according to his investing model, yet they are the companies powering us forward.