Stock research: General Electric Stock Should Appeal to Bargain Hunters

May 21, 2020

Introduction

It is so interesting to learn so many financial data about GE as a business. I like to think about purchase more of GE stocks, and then hold it for 3-5 years at least.

GE stock

Here is the article.

Here are highlights. I need to learn more about business, GE capital is somewhere from 40 to 60 billion dollars.

1. Price is near 30-year low
2. Patience and an appetite for near-term risk
3. May 13, 2020, at $5.79 a share

General Electric’s (NYSE:GE) stock price is nearing a 30-year low. With this in mind, shares represent a buying opportunity for bargain hunters. However, be warned. GE stock requires patience and an appetite for near-term risk.

GE stock closed Wednesday, May 13, at $5.79 a share, hitting a 29-year low for the Boston-based conglomerate. Frankly, it’s been a going concern since Thomas Edison founded it in 1889. And the stock price has faced even more suffering in recent months as the novel coronavirus weighed on GE.