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General Electric in 2012
) has a Zacks Rank of (3 - Hold) and an S&P Rank of 4 Stars
(Buy). Regarding GE and GE Capital, I do see analysts making
interesting observations followed with great analysis, yet
missing the bigger picture related to GE's manufacturing side
in relation to the global trials and tribulations.
In my own analyses, crude prices above $75 per barrel are
substantially beneficial to GE's manufacturing arm. I am expecting
greater demand for GE's natural gas turbines, upgrades to existing
power production, as well as greater demand for GE's commercial
"energy efficient" airplane engines ... etc. GE's expanding backlog
attests to that.
These expectations of mine lead me to believe GE will be able to
beat future earnings estimates as well as analyst re-assessment
that the "reasonable" forward P/E was way too low. I LIKE analyst
upgrades and upward revisions in earnings estimates.
( 1) GE has a PEG (next 5 years) ratio of 1.01
which I believe doesn't yet reflect growth to come.
( 2) GE has a one year estimated target of $21
+/-0.25 and an intrinsic value of $24.17 +/-0.25 ...
One other point, in the pieces of the pie being worth MORE than
the current value ... and, if I may, I am somewhat "speculating",
on GE eventually bringing a piece of its GE Capital to market in an
IPO, followed by a sale or spin-off.
... What's GE worth then?
The most recent picks by «Vet67to82» are:
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