Time to Buy?
With all the news speculation around GE’s movements, I joined ‘Boom Bust’ to discuss my take early this week. Will all this change make them a better company? What about GE for a potential buy? Are they going to be a market mover?
Check out my whole section below:
Personally, I think all this movement is good for GE as a company. What GE needs to do is focus — on their power, aviation, and renewal energy segments (hopefully this can help their balancing sheet issues). You need to look at this in two different ways: 1) the overall story 2) the technicals. If you look at GE from the perspective of renewable energy, for the long term, I definitely think they have room to grow.