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Bullish on GE

Posted on 1/13/18 at 12:23 am
Posted by SaintNation
Member since Dec 2008
1887 posts
Posted on 1/13/18 at 12:23 am
Anyone else bullish on GE this year. They were one of the biggest losers in 2017 but they still have a ton of market share and I think may be looking at a bounce back in 18.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 1/13/18 at 1:57 am to
I think they’ll do ok as their O&G services assets aren’t going to drag down their bottom line. But I’m not bullish versus the rest of the market.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 1/13/18 at 6:44 am to
Yes, I have been picking up a bit.

A resurgant oil market and uptick in US manufacuring will do them wonders along with expansion in the gas turbine market.

If they can sort a few things and restore the dividend it could move quite a bit.
Posted by LSUcam7
FL
Member since Sep 2016
7900 posts
Posted on 1/13/18 at 7:03 am to
Slow ride up.. but a good safe long term play at these prices. GE will right the ship, it’s just that the ship is rather large.
Posted by makersmark1
earth
Member since Oct 2011
15738 posts
Posted on 1/13/18 at 7:29 am to
Buy low. Sell high. This is a great idea.

Unfortunately, I've had a few like this that I bought low to sell high, but the market did not work for me.

Good luck.
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