Is General Electric Headed to $25 and Beyond?

Filed under: General Electric (GE), Stocks to Buy

Political and social change in the Middle East has rattled the oil market -- with crude nearing $100 per barrel, but when conditions on the ground stabilize, the global economic growth story will likely be intact, and that's a good reason to own

diversified industrial giant General Electric Company (GE), first discussed on March 2, 2009 at a price of $13.80.



GE's stock has vectored above $20 this winter, pushing $22 before pulling back slightly, but I obviously still like the shares. Here's why:



GE's energy infrastructure, consumer/industrial, technology units will all likely post revenue increases in 2011, boosted by both emerging market and developed-world demand and order increases. GE should record impressive gains in oil and gas products, health care imaging, and airplane engines. Meanwhile, losses at GE Capital Finance should decline in 2011, and there is a chance that capital finance's new business wins will exceed losses/divestitures.

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Is General Electric Headed to $25 and Beyond? originally appeared on BloggingStocks on Wed, 23 Feb 2011 19:00:00 EST. Please see our terms for use of feeds.

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