#5 - General Electric (NYSE:GE)
General Electric (NYSE: GE) - If it surprises you to see GE on this list, you’re probably not alone. The company has faced significant challenges in the last few years. However, many of the problems centered on their now-defunct financial services business. For the better part of 20 years, the company was dealing with a case of mistaken identity. They had become so diverse, that investors didn't know what they were. However, they have shed themselves of that label and are now well positioned to compete and win, in their core industrial businesses which are where they anticipate repeating business that at least one analyst suggests could lead them to see a 30-50% appreciation in share price simply due to valuation. That's on top of a dividend yield that currently sits over 4%, making it one of the more compelling dividends in the industry. Many investors have bailed on GE, but a closer look shows that the future may be getting brighter every day.
About General Electric
General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.
Read More - Current Price
- $171.70
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 14 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $200.93 (17.0% Upside)
