Sunday, March 08, 2015 7:38:37 PM
Long term shareholders have to be very disappointed with GE's performance over the last 10 years.
Performance should matter. What's the point of owning a stock if it doesn't. Mgmt changes are commonly made over poor performance and Immhelt and the BOD's simply haven't done the job.
What's kept the stock in this range is the buybacks...... which is nothing more than financial gimmickry. Assume they did no buy backs over the last 10 years, then the float and outstanding would be hundred of million more shares probably nr a billion shares; as a result EPS would be further reduced by those shares in the float. PE's would be higher and the stock, adjusting to the PE would be even lower.
Finally, if you like GE, buy the preferred. Performance wouldn't matter and you'd be getting a sizeable dividend.
Recent GE News
- U.S. Index Futures Rise in Pre-Market, Oil Prices Dip Slightly • IH Market News • 04/23/2024 11:26:41 AM
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- GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend • Business Wire • 04/05/2024 04:02:00 PM
- Cal-Maine Surges on Strong Quarterly Performance, Taiwan Earthquake Disrupts Tech Supply Chain, and More • IH Market News • 04/03/2024 11:12:20 AM
- GE Aerospace Launches as Independent, Investment-Grade Public Company Following Completion of GE Vernova Spin-Off • Business Wire • 04/02/2024 10:33:00 AM
- Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News • IH Market News • 03/28/2024 01:48:04 PM
- GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600 • PR Newswire (US) • 03/27/2024 10:12:00 PM
- Apple & Google in Talks for Gemini AI on iPhone, Nvidia’s GTC Conference Today, and Latest News • IH Market News • 03/18/2024 11:10:46 AM
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- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:01:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 11:20:28 AM
- GE Aerospace Hosts 2024 Investor Day • Business Wire • 03/07/2024 11:15:00 AM
- GE Vernova Hosts 2024 Investor Day • Business Wire • 03/06/2024 11:15:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:57 PM
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- Futures Pointing To Continued Weakness On Wall Street • IH Market News • 03/05/2024 02:03:27 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/29/2024 09:56:34 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:54:09 PM
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