Thinking of Buying GE Stock? Here's What You Need to Know.
One of the original 12 companies making up the Dow Jones Industrial Average, General Electric (NYSE: GE) long held a place among the most venerated companies in the stock market. Nowadays...not so much. It lost its place on the Dow to Walgreens Boots Alliance in 2018, and over the past three years, its stock has plummeted by 75%.
But investor sentiment regarding GE may be shifting. It's now one of the 100 most popular stocks among users of the Robinhood trading platform, and the online brokerage notes that 63% of the analysts who it tracks rate the stock favorably. With new attention growing for this old name, this is an apt time to look at some of the things potential investors should be aware of before they add GE to their portfolios.
Source Fool.com