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Smart Investors Should Buy the Dip in GE Stock

TheMotleyFool

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Smart Investors Should Buy the Dip in GE Stock

In early November, General Electric (NYSE: GE) announced that it would split into three separate companies focused on the aviation, healthcare, and power markets, respectively. Investors applauded the move, boosting GE stock beyond $110 for the first time in months.

Since then, a variety of factors (including inflation fears, concerns about the omicron variant, and continued supply chain headwinds) have crushed the stock's momentum. GE shares have moved even lower since the company reported its fourth-quarter results on Tuesday, falling to around $90.