2 Billion Reasons Why General Electric Can Outperform the Market
General Electric's (NYSE: GE) management has recently made some extremely positive hints regarding its medium-term earnings prospects. While it wasn't explicit guidance, investors can read between the lines, and doing so suggests there's significant upside potential for the stock. Here's why.
There are two things to focus on. The first is CFO Carolina Dybeck Happe's presentation on the investor conference call in March. In the process of outlining the industrial company's debt-reduction plans, Dybeck Happe's indicated where GE's debt levels could be in 2023.
General Electric will benefit from a return to commercial air traffic. Image source: Getty Images.
Source Fool.com
