Forget General Electric Co. Stock; Honeywell International Is a Better Value
The dramatic 44% fall of General Electric's (NYSE: GE) share price this year is undoubtedly starting to tempt value investors into the stock. But on a risk/reward basis, I think Honeywell International (NYSE: HON) -- up nearly 32% over the same period -- remains the more attractive investment. Here's why.
Aerospace is a key growth driver for both companies. Image source: Getty Images
The power segment was a the center of GE's difficulties in 2017, and CEO John Flannery is determined to make the changes that will improve the unit's execution. That's all well and good, but GE Power's problems may actually turn out to be structural in nature, and management might not be able to do much about them.
Source: Fool.com
General Electric Co. Stock
€152.00
1.330%
With 32 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 163 € there is a slightly positive potential of 7.24% for General Electric Co. compared to the current price of 152.0 €.
