In 1892, General Electric Company (GE) was founded due to a merger between Edison Electric Company and the Thomson-Houston Electric Company. GE operates in the producer manufacturing sector. Its products are sold worldwide, including in Europe, the Americas, Asia, the Middle East, and Africa. The key product segments are power, renewable energy, aviation, and healthcare.
GE has been among the original components of the Dow Jones Industrial Average (DJIA) index since its creation in 1896. Surprisingly, General Electric was removed from the DJIA index in 2018. After its removal, none of DJIA's founding members remained in the index. Today, the company is a part of numerous global indices, including S&P 500, DJ Composite, DJ US, and DJ Large-Cap.
Although General Electric operates in numerous segments and tries to diversify its product line, the company's earnings and revenue growth have been falling over the years. Moreover, the revenue and earnings have even been negative in recent years. Such significant financial metrics as return on assets, return on equity, and return on capital employed show that the company fails to use available capital to generate profits.
Thus, CFD trading is more appropriate when dealing with GE shares. When trading stocks, traders can both buy and sell them. It's important to pay attention to quarterly earnings reports. Moreover, it's recommended to know the company's top rivals, as their performance will affect the company's success, sales, and stock price. GE's key alternatives are Mitsubishi Electric, Philips, Schneider Electric, Honeywell, Siemens, and 3M Company.
General Electric is often included in lawsuits and conflicts that result in fees and sanctions. Mostly, its court cases relate to financial, competition, employment, government contracting, and consumer protection offenses.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
Sell | 174.56 |
Buy | 174.61 |
Sentiment | 100% ▴ |
1-day change | 0.56(0.32%) |
Earn from the fluctuations of prices and boost your income with LiteFinance!
#AA | N/A | N/A | -0.42 | -1.29% |
#ABBV | N/A | N/A | 8.4 | 4.47% |
#ABT | N/A | N/A | 6.45 | 6.04% |
#ADM | N/A | N/A | -0.71 | -1.15% |
#AMWL | N/A | N/A | -2.03 | -19.77% |
#AXP | N/A | N/A | 6.6 | 2.62% |
#BA | N/A | N/A | -11.02 | -5.98% |
#BABA | N/A | N/A | 4.04 | 5.10% |
#BAC | N/A | N/A | 1.1 | 2.77% |
#BB | N/A | N/A | -0.07 | -2.90% |
#CAT | N/A | N/A | 11.36 | 3.30% |
#CLX | N/A | N/A | 27.22 | 20.76% |
#COTY | N/A | N/A | -0.48 | -4.87% |
#CVX | N/A | N/A | -8.8 | -5.62% |
#DIS | N/A | N/A | -3.11 | -3.33% |
#DVN | N/A | N/A | -1.68 | -3.61% |
#EDU | N/A | N/A | -0.05 | -0.08% |
#F | N/A | N/A | 0.34 | 3.13% |
#FIS | N/A | N/A | 6.07 | 7.95% |
#FTI | N/A | N/A | -2.65 | -8.99% |
#GD | N/A | N/A | 3.23 | 1.09% |
#GE | N/A | N/A | 0.56 | 0.32% |
#GPN | N/A | N/A | 10.02 | 9.94% |
#HD | N/A | N/A | 1.11 | 0.30% |
#HPQ | N/A | N/A | 0.12 | 0.33% |
#IBM | N/A | N/A | 10.16 | 5.29% |
#JNJ | N/A | N/A | 7.63 | 4.82% |
#JPM | N/A | N/A | 14.05 | 6.67% |
#KMI | N/A | N/A | 0.54 | 2.57% |
#KO | N/A | N/A | 5.73 | 8.59% |
#KODK | N/A | N/A | -0.49 | -8.51% |
#LMT | N/A | N/A | 26.68 | 4.93% |
#MA | N/A | N/A | 18.68 | 4.02% |
#MCD | N/A | N/A | 25.11 | 9.53% |
#MLM | N/A | N/A | -55.64 | -9.44% |
#MMM | N/A | N/A | 8.5 | 6.73% |
#MO | N/A | N/A | 4.3 | 8.69% |
#MS | N/A | N/A | 0.79 | 0.77% |
#NIO | N/A | N/A | -0.24 | -5.61% |
#NSC | N/A | N/A | 7.85 | 3.16% |
#OXY | N/A | N/A | -3.23 | -5.37% |
#PFE | N/A | N/A | -1.24 | -4.10% |
#PG | N/A | N/A | 10.45 | 6.49% |
#PM | N/A | N/A | 8 | 6.94% |
#RNG | N/A | N/A | -1.28 | -3.71% |
#RTX | N/A | N/A | 6.62 | 5.67% |
#SLB | N/A | N/A | -3.5 | -7.37% |
#SNOW | N/A | N/A | -13.68 | -10.73% |
#SQ | N/A | N/A | 2.79 | 4.41% |
#STZ | N/A | N/A | -5.06 | -2.06% |
#T | N/A | N/A | 0.74 | 3.86% |
#TAP | N/A | N/A | 1.08 | 2.05% |
#TME | N/A | N/A | -3.5 | -25.18% |
#TOT | N/A | N/A | 1.61 | 2.39% |
#V | N/A | N/A | 11.28 | 4.26% |
#VMC | N/A | N/A | -28.04 | -10.29% |
#VZ | N/A | N/A | 1.46 | 3.62% |
#WMT | N/A | N/A | 8.17 | 11.83% |
#XOM | N/A | N/A | -0.75 | -0.63% |
#NFLX | N/A | N/A | 58.67 | 9.14% |
#NKE | N/A | N/A | N/A | N/A |
General Electric is headquartered in Boston, Massachusetts, USA.
General Electric invests a lot in breakthrough innovations, which gives it the opportunity to remain competitive in a fast-growing market. General Electric is on the list of the most innovative companies in the world. In addition to the production of equipment, the company is engaged in financial and credit services and is also positioned as a media company. Each direction of production is handled by a separate division of the company. These are GE Additive, GE Aviation, GE Capital, GE Digital, GE Healthcare, GE Lighting, GE Power, GE Renewable Energy, and GE Research. Revenue from various industrial sectors worldwide contributes to reducing business risks.
The main goal of General Electric for the near future is to reduce debt by optimizing business processes and selling unprofitable companies. For example, on November 1, 2021, the company sold GECAS, its aircraft leasing division. This deal brought GE about $25 billion.
General Electric shares are listed on the New York Stock Exchange under the #GE ticker. Price speculation of the stock price is not the only way to make money on the shares of General Electric. There is an opportunity to receive dividends from them. General Electric pays a stock dividend every quarter. Such stable payments support the positive attitude that investors have toward the company's shares.
The rate of General Electric Corporation shares is positively influenced by the growing demand for equipment manufactured by the company and the development of industries related to them. However, a significant rise in commodity prices may have a negative impact on the stock price. The company's shares also rise in price when switching to new technologies. After the last announcement by the company's management about the introduction of new technologies, the shares rose in price by more than 7%. Institutional investors own more than 65% of the total number of shares.
Invest in GE stock wisely with short- and long-term targets, key indicators, and trading signals.