GE's Industrial Debt Will Balloon in 2021, but the Stock Is Still a Good Value

The market didn't take too well to General Electric's (NYSE: GE) recent investor-outlook presentation, and sold-off the the stock by a double-digit percentage in the days afterward. While it's impossible to know the reason why, it's likely that the deterioration in the outlook for the company's reported industrial debt was a large part of it.

However, the devil is in the details, and upon closer inspection, GE is actually well placed to reduce its debt and be a good value stock. Here's why.

Having already outlined GE's debt plans on the investor day on March 10, GE's CFO Carolina Dybeck Happe outlined them again a week later at the Bank of America Global Industrials Conference on March 17. Clearly, GE wanted to get the message out again, as it's fair to say that the presentations may have led to some confusion. Let me try and unravel them for you.

Source Fool.com