Does General Electric look good to you?

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The consensus seems to be that it is a “buy” with some growth potential. It has a small dividend, so I would put it in my RRSP. Bonus (for some): It is now available as a CDR.

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Asked on November 19, 2024 7:19 am
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I do like this segment of the business. The company has a dominant position in the market and the revenue streams from not only selling the aircraft engines but more importantly services and maintenance, which is typically the higher margin business.

2024 has been a pretty tough year in terms of demand but the company continues to post pretty strong results.

My only concerns at this time would be valuations. 33x expected earnings for a company with as thin of margins as GE Aero is not something I'd be looking to add to at this point. It would certainly be on my watchlist though.

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Posted by Dan Kent
Answered on November 20, 2024 8:11 am
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Muchos gracias for your insight, as always.
(c-ras@sympatico.ca at November 20, 2024 8:25 am)
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The one on the NYSE and the CDR that are listed as "GE" and refer to GE Aerospace.

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Posted by c-ras@sympatico.ca
Answered on November 20, 2024 4:46 am
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Hey there. General Electric went through a restructuring this year and spun off into a bunch of companies. Which particular one are you looking at?

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Posted by Dan Kent
Answered on November 19, 2024 1:00 pm
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