In today's edition, industrials editor/analyst Brendan Byrnes discusses GE's recent ascent to a 52-week high, and whether the stock can keep up the momentum. GE has been performing well over the past few years, and is on track for double-digit earnings growth this year. The company has taken steps to reduce risk at GE Capital, which recently began returning a dividend to the parent company, and is focusing more on its core infrastructure business, which shareholders prefer. Ultimately, GE remains a relatively safe pick for income-seeking investors, though it does tend to be sensitive to the overall economy. Check out the video below for more on GE and what to expect from the company going forward.
For GE, the recent financial crisis struck a blow, but management took advantage of the market's dip to make strategic bets in energy. If you're a GE investor, you need to understand how these bets could drive this company to become the world's infrastructure leader. At the same time, you need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year. To get started, click here now.
Brendan Byrnes owns shares of Caterpillar. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.