General Electric in 2012 - Voice of the People

By
A A A

Zacks highlights commentary from People and Picks Member «Vet67to82».

For more Voice of the People, visit http://at.zacks.com/?id=7872

Featured Post

General Electric in 2012


General Electric ( GE ) 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:
A sell rating on SPDR S&P Homebuilders ETF ( XHB ),
a buy rating on Freeport McMoRan ( FCX ) and
a buy rating on SYNNEX Corp. ( SNX ).

About the Zacks Community

In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=7870

Follow us on Twitter: http://www.twitter.com/PeopleAndPicks

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=7867 .


 
GENL ELECTRIC ( GE ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: GE

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Your Car Is Spying on You
Your Car Is Spying on You           

Stocks

Referenced

90%

Most Active by Volume

46,274,272
  • $28.4901 ▼ 9.73%
36,068,408
  • $100.72 ▲ 0.19%
34,462,586
  • $8.12 ▲ 1.25%
26,165,151
  • $5.56 ▲ 21.66%
24,780,330
  • $15.38 ▼ 0.45%
22,215,913
  • $10.3042 ▲ 0.53%
20,193,558
  • $12.75 ▲ 10.01%
18,322,223
  • $11.28 ▼ 2.93%
As of 8/20/2014, 02:05 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com