Shares of General Electric have come under pressure in the last year due to management's uncertain theme regarding the company's future after GE Capital spin-off.
The spin-off aided the company's focus on its core industrial business providing core products and services to fast growing industries.
Following higher industrial output numbers and an overall increase in demand from the aerospace and military, GE should be turning around.
Strong demand for its software and its focus on Internet solutions should boost margins in the coming years.
I believe General Electric will cruise through this quarter, however guidance will remain shifty.
I'm starting General Electric with a $28.00 PT for the post-earnings move with a tight stop at $22.00
The spin-off aided the company's focus on its core industrial business providing core products and services to fast growing industries.
Following higher industrial output numbers and an overall increase in demand from the aerospace and military, GE should be turning around.
Strong demand for its software and its focus on Internet solutions should boost margins in the coming years.
I believe General Electric will cruise through this quarter, however guidance will remain shifty.
I'm starting General Electric with a $28.00 PT for the post-earnings move with a tight stop at $22.00