My watchlist, and yours? 😅
GE - General ElectricUS3696043013GEGE
Let's see if I'm unlucky again this time or if the others win too
Long on $GE (+0.45%)
- ticket: https://www.sg-zertifikate.de/product-details/SW5UJ5
- Leverage: 8
- Knock-Out: 142.87$
- Portfolio weighting: 0.34%
- Stoploss is set at -20% // Edit1: Stoploss set at 1.91€ // Edit2: Stoploss set at 2.25€ (+17%)
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no risk no fun. that's my motto
What we can expect from tomorrow:
Monday:
- SAP ($SAP (+3.11%)) Verizon, Communications ($VZ (-1.08%)) Ryanair Holdings ($RYAAY),
- Truist Financial ($TFC (+1.96%)) report figures
Tuesday:
- Existing property sales (June)
- Alphabet ($GOOGL (+1.62%)), Tesla ($TSLA (+5.88%)), Visa ($V (-1.43%)), Coca-Cola ($KO (-1.6%)), GE Aerospace ($GE (+0.45%)), Comcast ($CMCSA (+1.32%)), United Parcel Service ($UPS (+1.11%)) report figures
Wednesday:
- S&P Global Flash Composite U.S. PMI (July)
- New real estate sales (June)
- Advance International Trade (June)
- Advance retail inventories (June)
- Advance wholesale stocks (June)
- Thermo Fisher Scientific ($TMO), IBM ($IBM (-2.37%)), ServiceNow ($NOW (+2.33%)), AT&T ($T (-2.11%)) report figures
Thursday:
- Gross Domestic Product (GDP) (Q2)
- Durable goods orders (June)
- FigVie ($ABBV (-0.18%)), AstraZeneca ($AZN (-0.12%)), Union Pacific Corp ($UNP (-1.77%)), Unilever ($UL (-0.43%)), Honeywell International ($HON (+0.02%)) - report figures
Friday:
- Personal Consumption Expenditure (PCE) Index (June)
- Consumer Sentiment (July)
- Bristol Myers Squibb ($BMY (-1.24%)), Colgate-Palmolive ($CL (-0.9%)), 3M ($MMM (+0.19%)) report figures
Sale 1 of 4 due to error limit instead of stop.
So after about 7 years I am parting with General Electric.
What made me buy in 2016/17? Share price performance and high dividend yield.
What was the result, pension provisions and mismanagement halved the share price again, dividend was canceled.
$GE (+0.45%) Restructuring case.
After 7 years, 2 with dividends, I have now reached my entry price again. There were also spin-off shares $GEV (+1.88%) and $GEHC (+1.66%) I hold them for less than 5,000 euros.
What have I learned? Despite blue stocks, US and dividend stocks, even aristocrats at the time, things never go as expected.
In my inbox today:
$GE (+0.45%) GE divests GE Vernova
GE announces the filing of the registration statement on Form 10 for the proposed spin-off of GE Vernova
GE Vernova, a global leader driving electrification and decarbonization, will become a standalone public company
GE Vernova is well positioned for decades of growth driven by the energy transition
Latest milestone: GE Vernova prepares for spin-off in early April following strong 2023 results and continued momentum
GE's financial position is strong and supports the development of GE Vernova and GE Aerospace as well-capitalized, investment-grade companies
(WK internal) - BOSTON - GE (NYSE:GE) today announced the filing of its Form 10 registration statement with the U.S. Securities and Exchange Commission ("SEC") for the proposed spin-off of GE Vernova.
A copy of the Form 10 is available on the SEC's website at www.sec.gov.
H. Lawrence Culp, Jr, Chairman and CEO of GE and CEO of GE Aerospace, said, "Today's filing underscores GE Vernova's important progress toward its spin-off as an independent, global leader driving electrification and decarbonization." Our financial position is strong to support the development of GE Vernova and GE Aerospace as well-capitalized, investment-grade companies, and we look forward to introducing them to the world in early April."
Scott Strazik, CEO of GE Vernova, said: "GE Vernova is a purpose-built company serving the energy industry with a unique scope and scale of solutions to create a more sustainable world." Today's milestone demonstrates the significant progress our teams have made in preparing GE Vernova to launch as a standalone company and shows how we will capitalize on the growing demand for products and services for the energy transition. Our momentum continues to build with this latest milestone as we approach our spin-off."
Source:
Windkraft Journal
My portfolio
Financials
Market Cap
$199.03B5Y beta
1.18EPS (TTM)
$4.229Free Float
1.08BP/E ratio (TTM)
43.40Revenue (TTM)
$54.82BEBITDA (TTM)
$6.39BFree Cashflow (TTM)
$4.52BPricing
Analyst Ratings
The price target is $186.08 and the stock is covered by 17 analysts.
Buy
14
Hold
3
Sell
0
Information
General Electric Company, doing business as GE Aerospace, is a global aerospace propulsion, services, and systems company. The Company provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. Avio Aero is a GE Aerospace business which operates in the design, manufacturing, and maintenance of civil and military aeronautics subsystems and systems. Dowty Propellers manufactures integrated propeller systems, which are used in applications that range from regional airliners and military airlifters to marine hovercraft. GE Additive offers a suite of products for additive manufacturing. Unison builds advanced gas turbine components and electrical and mechanical systems throughout the world. Its services include TrueChoice commercial services, TRUEngine, on wing support, regional and business aviation, and test services.