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GE Long Term?

Posted on 12/30/17 at 9:48 am
Posted by Marlbud
Member since Jun 2017
964 posts
Posted on 12/30/17 at 9:48 am
What do you guys thing about GE? Will it be a deal if it drops to $15.00 a share?
Posted by 1609tiger
Member since Feb 2011
3221 posts
Posted on 12/30/17 at 9:54 am to
Had an analyst on CNBC this week who said it was fairly valued at 17 and it would be a long turnaround.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167109 posts
Posted on 12/30/17 at 1:21 pm to
I have been watching it and itching to pull the trigger on it. Just can't bring myself to do it for some reason. I will probably regret it one day.
Posted by Jag_Warrior
Virginia
Member since May 2015
4082 posts
Posted on 12/30/17 at 1:35 pm to
I'd say that you're going to have PLENTY of time to think and ponder on this one. As was said above, it's going to take awhile to turn this giant, listless ship around.
Posted by 3D
NJ
Member since Sep 2013
1025 posts
Posted on 12/30/17 at 6:54 pm to
I wanna buy some just to bring my cost per share down.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 12/30/17 at 8:26 pm to
quote:

I'd say that you're going to have PLENTY of time to think and ponder on this one. As was said above, it's going to take awhile to turn this giant, listless ship around.


The new CEO spent his whole career in finance, he is focused on cutting cost from the various businesses, but it remains to be seen if he has the ability to run a company based mostly in manufacturing.
Posted by KillTheGophers
Member since Jan 2016
6211 posts
Posted on 12/30/17 at 9:51 pm to
No


Tell me what GE does besides “brings good things to life”.

Invest elsewhere
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