Скачать или смотреть General Electric Stock Analysis - GE Stock forecast today' s Analysis (week 11/05/2020)

Based on Technical Analysis, we are just waiting the right signal to buy - but HOLD for now
Fundamental Analysis would suggest to hold.

On Monday, GE announced it will cut 13,000 jobs from the Aviation payroll, amounting to 25% of its workforce.
This news has already been discounted by the prices.
For the rest of the year, GE expects to reduce operational costs by more than $2 billion and save over $3 billion more in "cash preservation activities."

[b]General Electric has had a difficult run in recent years, weighed down by market-topping acquisitions and a huge debt load. The company showed signs of a recovery in 2019, but the shares are now down 44% year to date in 2020.
We knew heading into 2020 that GE had serious issues with its energy business and with other units, and still had work to do bringing down debt. Aviation was supposed to be a counterweight for those issues, providing earnings stability and free cash flow.[/b]