Can GE Stock Bounce Back in 2021?
Owners of General Electric (NYSE: GE) stock can be forgiven for thinking the company has already had its bounce. After all, the stock is up 83% in the last three months. However, it's worth noting that it's still down 3% over the last year. As such, there may well be a case for the stock to appreciate strongly in 2021 as well.
Let's take a look at this industrial giant and see what GE needs to do to have a great 2021.
The case for buying GE stock is simple to understand, but complex to evaluate. It's based on the idea that GE's free cash flow (FCF) is set to mark a multi-year recovery. For reference, FCF is simply the flow of cash in a year that a company has free in order to pay back debt, make share buybacks, and/or pay dividends to investors.
Source Fool.com
