GE's Near-Term Prognosis Goes From Bad to Worse
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross consider General Electric's (NYSE: GE) horrid quarterly report, and the market's relatively tolerant response to it, with newish CEO John Flannery already in the process of plotting out an episode of Extreme Makeover: Conglomerate Edition for his company.
Asset sales are on the horizon, as are cultural changes, and the markets are looking toward the future. But for now, what investors will really be watching is how untouchable the dividend turns out to be.
A full transcript follows the video.
Source: Fool.com
General Electric Co. Stock
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
As a result the target price of 168 € shows a slightly positive potential of 7.01% compared to the current price of 157.0 € for General Electric Co..