What General Electric Company's Management Can Learn From Honeywell International
A quick look at the relative stock price performances of Honeywell International (NYSE: HON) and General Electric Company (NYSE: GE) in 2017 shows a nearly 40% outperformance by the former. How is this so? Both companies are diversified industrial conglomerates with many end markets in common, particularly aerospace, so their stock prices should be roughly correlated, right?
Well, clearly the charts suggest otherwise, so let's look at one aspect of what's gone wrong with GE this year, and what it can learn from Honeywell's management.
Source: Fool.com
General Electric Co. Stock
€156.50
-0.320%
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 7.35% compared to the current price of 156.5 € for General Electric Co..
