TIPS FOR INVESTING IN THE NEW GE COMPANIES
5 gems from our partner Leo Rodriguez on General Electric stock
There’s a big development over at General Electric (GE) that could present a great buying opportunity!
Our partner Leo Rodriguez broke down why the future of GE stock is bright. Here are 5️⃣ gems he shared
1️⃣ General Electric will split into 3 distinct and separate companies (AKA 3 different investing opportunities) in 2023-2024. This is a move to reinvigorate investor sentiment in a stock that has fallen from some great heights, once the most valuable company in the U.S.! 👀
2️⃣ Right now GE stock is beaten down, and for good reason! When it comes to sales and profitability, the company has been pulling terrible ratios and results across the board. In fact, it’s still overvalued.
3️⃣ Aviation is a great market for landing lucrative government contracts (for example, the $1.5 billion contract it just recently inked). It is a costly business though and doesn’t always look the best on paper. The large amounts of money coming in are offset by operating costs/complications.
4️⃣ General Electric will be splitting into 3 public companies focused on its 3 main offerings: aviation, healthcare, and renewable energy/power. Over the next 5 years, these sectors are expected to see a 11%, 25%, and 22% growth, respectively!
5️⃣ The aviation sector will take the brunt of liabilities and debt, while the healthcare portion of the company is expected to see steadier growth. The renewable energy sector has the most upside, with the expected risk. Which would you invest in?
BONUS PARTNER PORTFOLIO
Find more picks from Leo on his Stock Card portfolio
💥 Bonus 💥 General Electric isn’t a penny stock, but with the moves that management is making, it could see stellar growth. Follow Leo’s High Growth Penny Stocks portfolio on Stock Card to see more top picks! ⬇️