Forget General Electric Co. Stock; Honeywell International Is a Better Value
The dramatic 44% fall of General Electric's (NYSE: GE) share price this year is undoubtedly starting to tempt value investors into the stock. But on a risk/reward basis, I think Honeywell International (NYSE: HON) -- up nearly 32% over the same period -- remains the more attractive investment. Here's why.
Aerospace is a key growth driver for both companies. Image source: Getty Images
The power segment was a the center of GE's difficulties in 2017, and CEO John Flannery is determined to make the changes that will improve the unit's execution. That's all well and good, but GE Power's problems may actually turn out to be structural in nature, and management might not be able to do much about them.
Source: Fool.com
General Electric Co. Stock
€154.50
1.640%
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
As a result the target price of 167 € shows a slightly positive potential of 8.09% compared to the current price of 154.5 € for General Electric Co..
