Can't make a silk purse out of a sow's ear. Power: Fossil fuel generation is a dog, a dying business, renewal, they have no edge and behind the 8 ball. GE should never go big into power. Very capital intensive too. Aerospace: Near term, no growth or at best slow growth. Healthcare: The only bright spot but competition is tough. Cost $2 B to split, a cost they can ill afford. They should have kept GE Capital and tough it out like B of A, Goldman... instead, a fire sale, practically gave GE Capital away.
many investors suggest people should buy blue chips and hold them for many many years. Just imagine you bought it at 250 in 2017. now it is worth 100.
All that and an industrial dinosaur with PE of 48, a dividend of .32, 70X fcf... and long term debt of almost $200 Billion. Other than that... it's a peach.
It was called Geblowoutozaurus, from Jurasic Period, 48M years ago ; it had aprox body weight of 32 tones, around 70 feet long and only 200 bones were ever found.
%% That\ +more motivated sellers than buyers for so many years\LOL. I would never confuse GE with a valuable market like Real estate , but they're sellers markets/LOL