GEH

GE Healthcare

US36266G1076

GEHC

GEHC

GE HealthCare
$GEHC (+1,96 %) announced today that it has entered into a partnership with Amazon Web Services
$AMZN (+1,14 %) to develop new generative AI models and tools capable of efficiently analyzing complex medical data.

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 (+0,91 %) 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 (+1,96 %) 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.

Upcoming events this week:

Monday

• Earnings reports from McDonald's ($MCD (+0,17 %) ), Caterpillar Inc. ($CAT (+4,14 %) ), Palantir Technologies Inc. ($PLTR (-1,19 %) ), ON Semiconductor Corp. ($ON (+3,43 %) ) and Tyson Foods Inc. ($TSN (-0,67 %) )
• Speech by Atlanta Fed President Raphael Bostic
• S&P final U.S. Services PMI (January)
• ISM Services PMI (January)
• Senior Loan Officer Survey

Tuesday

• Earnings Reports from Eli Lilly
  $LLY (+0,39 %) ), Amgen ($AMGN (-0,54 %) ), BP ($BP. (+1,12 %) ), Gilead Sciences Inc. ($GILD (-1,15 %) ), Ford ($F (-1,21 %) ), GE HealthCare Technologies Inc. ($GEHC (+1,96 %) ) and Snap Inc. ($SNAP (+3,32 %) )
• Speeches by Minneapolis Fed President Neel Kashkari, Cleveland Fed President Loretta Mester and Philadelphia Fed President Patrick Harker

Wednesday

• Earnings Reports from Alibaba Group Holding Ltd. ($BABA (+4,21 %) ), Disney ($DIS (-0,71 %) ), Uber Technologies Inc. ($UBER (+1,62 %) ), CVS Health Corp. ($CVS (-0,64 %) ), Arm Holdings PLC ($ARM (+0,8 %) ) and PayPal Holdings Inc. ($PYPL (+5,3 %) )
• Speeches by Fed Gov. Adriana Kugler, Fed Gov. Michelle Bowman and Richmond Fed President Tom Barkin
• US trade deficit (December)
• Consumer credit (January)
• 
  Congressional Budget Office (CBO)

Thursday

• Earnings Reports from S&P Global Inc. ($SPGI (+0,51 %) ), Philip Morris International Inc. ($PM (-1,34 %) ), ConocoPhillips ($COP (+0,97 %) ), Unilever ($UL (-0,43 %) ), Honda ($HMC (+2,81 %) ) and AstraZeneca ($AZN (-0,35 %) )
• Initial claims for unemployment benefits (week ending February 3)
• Wholesale inventories (December)
• Speech by Richmond Fed President Tom Barkin
• Financial stability statement by Treasury Secretary Janet Yellen before Congress

Friday

• Earnings Report from PepsiCo ($PEP (-0,84 %) )
• Annual seasonal adjustments (CPI)

I just read an article that claims General Electric stock is better than Apple, Meta and Tesla. I am skeptical and would like to hear your opinion about General Electric.

General Electric is an American conglomerate that has posted a 73% gain on the stock market in one year. This means that the $GEC share outperforms the tech giants $AAPL (+2,87 %), $META (+3,24 %) and $TSLA (+6,49 %), but does that make the stock fundamentally better now?

General Electric's success can be attributed to extensive turnarounds and strategic restructuring. After a difficult period in which the company stumbled from crisis to crisis, new CEO Larry Culp implemented a turnaround plan five years ago. A central aspect of this plan is the splitting of the Group into three independent companies.

Back in January, the medical technology division was spun off as a separate subsidiary, GE Healthcare Technologies. $GEHC (+1,96 %) recently raised its forecast for 2023 and now expects organic sales growth of 6-8% due to higher demand.

Another spinoff is on the horizon with GE Vernova. Although the gas turbine and wind turbine manufacturer has faced competitive pressure in recent years, growth prospects in the renewable energy sector are promising.

General Electric's future focus will be on GE Aerospace, its aerospace division. There, the company focuses on the production and maintenance of aircraft engines. The increasing demand from major aircraft manufacturers such as. $BA (-0,65 %) and $AIR (+3,4 %) as well as long-term maintenance and service contracts for new aircraft engines are making a major contribution to the significant growth in sales.

General Electric is forecasting double-digit growth for the current fiscal year. I'm keeping an eye on the company and am curious to see what happens next.

How do you see the growth prospects for General Electric? I think the prospects are not bad, but whether you can compare them with the big companies like Apple and Meta, I dare to doubt. What do you guys think? Are any of you invested in General Electric?

Who can remember my post on $NNOX remember?

5 months have passed since then. Something significant has changed.

I have invested.The ARC system has received clearance from the FDA for the 510(k) application.

This means that the product and the included cloud software can be distributed to professional medical facilities in the USA.

The ARC is a multiple X-ray source system that enables 3D imaging with much smaller and simpler hardware.

X-rays are no longer generated with 2000 degree hot cathodes, but with a specially developed semiconductor.

Medical imaging around $100k instead of a million dollar investment. But from an investor's perspective, there is also an "as-a-service" model via cloud service.

Do you see the business of Siemens $SHL (-0,12 %) Philips $PHIA (+0 %) GE Health $GEHC (+1,96 %) business at risk?

Can you imagine this market being disrupted?

I have a small bet going on and am in with just under 1.5% of my portfolio.

After the publication of the FDA approval, I bought 50 units.

An investment company of the SK Group from Korea, which is a manufacturing partner of the semiconductors, has the largest share of over 7.5%. After that the #ceo has a share of over 5%.

Opinions?