GE Aerospace (GE)

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GE’s Approaching Spin-Off Should Bring Added Value To Company’s Investors
By: Investing.com | September 14, 2022

• GE plans to split into three separate public companies over the next two years as part of its bid to unlock value
• The breakup represents a good buying opportunity now that the company has improved its balance sheet and made its structure simple
• The majority of Wall Street analysts are bullish on GE’s outlook

It’s difficult to make a bullish case for General Electric (NYSE:GE) as the 130-year-old industrial conglomerate remains in the middle of a deep restructuring process after spectacularly falling from grace during the past decade.

Chief Executive Officer Larry Culp took over the company in 2018 to save the sinking ship that GE had become after many years of financial mismanagement.

His already-tough mission has become even more challenging this year. On top of all internal problems, GE is struggling with inflation, supply-chain disruptions, and COVID-related restrictions in China...



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