Is General Electric Stock a Buy?
Perhaps the question should be reframed. IF General Electric (NYSE: GE) was the only stock on the market, is it a stock worth buying or not? Let's take a look at the investment case for buying the stock in the context of this consideration.
In isolation, GE is an attractive stock, and it's worth buying for patient investors. This is because GE's highly regarded CEO Larry Culp plans to turn around the under-performing power and renewable energy segments. The aim is to get their profit margins up to high single digits again, so they can start to contribute to cash flow rather than being a drain.
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Source Fool.com
