I like GE, yesterday the stock reached it 52wk high ( $25.75 )
There is a holding tedency of the stock :
Current 1MO AGO
Shares Held 6.24 B 6.31 B
Shares Bought 778.57M 798.57 M
Shares Sold 352.48M 413.21 M
There's a long term oportunity even if financial ratios aren't very good compared to the industy
P/E 17.50 Industry 19.20
Revenue Increase since March
Mar 35.01B Jun 35.12B
Dividends increased of 2cents this year, passed from 0.17 per share to 0.19 per share
Ge has only a con it has high debt, Total debt to equity : 3.16 and Industry has 1.72. I see at as low medium risk stock, i expect better earnings next time, so i'm bullish.
There is a holding tedency of the stock :
Current 1MO AGO
Shares Held 6.24 B 6.31 B
Shares Bought 778.57M 798.57 M
Shares Sold 352.48M 413.21 M
There's a long term oportunity even if financial ratios aren't very good compared to the industy
P/E 17.50 Industry 19.20
Revenue Increase since March
Mar 35.01B Jun 35.12B
Dividends increased of 2cents this year, passed from 0.17 per share to 0.19 per share
Ge has only a con it has high debt, Total debt to equity : 3.16 and Industry has 1.72. I see at as low medium risk stock, i expect better earnings next time, so i'm bullish.