General Electric shares have lagged behind the industrial sector and the broad stock market for more than a decade. Now, they're poised to outperform. The company in coming quarters will deliver the two things investors want most: smaller financial operations and more growth. Shares (ticker: GE), at a recent $24, could rise more than 30% over two years to $32, while paying an annual dividend yield of 3.2%.
"We have the biggest backlog of new business in the company's history," Chief Executive Jeffrey Immelt told Barron's in response to the too-big-to-grow question. "We're in industries that are growing much faster than local economies. And we have the best exposure to emerging markets of any company in the world." Read more
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