empty
 
 
28.01.2020 09:58 AM
General Electric

This image is no longer relevant

Let's see what CEO Larry Culp says about 2020.

GE plans to release its fourth-quarter results on Wednesday. Culp has set the bar pretty high for himself, as the second year of his responsibility for the industrial conglomerate has began. Larry Karl reiterated that 2019 was a year of "rebooting", and GE was still "in the early stages of a multi-year transformation" as the company continues to sell off assets, restructure its troubled division, freeze pensions and streamline its management structure.

All of this seemed to only encourage investors, as GE shares, -1.80% before, soared to 53.4% in 2019. It was the best performance of the calendar year, the same as when they rose to 65.4% in 1982.

The key question is: what will GE say about Boeing's influence on the likely return of its 737 MAX aircraft by mid-2020? Considering that GE Aviation mainly produces commercial jet engines and components, high-voltage equipment, wind turbine blades (land and sea), and other products and services.

The performance of the aviation sector has boosted General Electric's revenue over the past few quarters. First of all, this was made possible due to the increased popularity of the LEAP engine, as well as the strengthening of the service sector. In addition, it is expected that the growth of passenger traffic worldwide and the improvement of the military business will help the company in this quarter.

Share price: GE has pleased investors pretty well during Larry Culp's tenure. Shares rose to 11.5% in the third quarter.

Before Larry Culp took over the reins in October 2018, GE's stocks were down.

GE stocks are gradually gaining momentum, and the price is projected to reach the level of 12.50. This is a very profitable period for purchasing these shares, so don't miss your chance to profit.

This image is no longer relevant

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $5000 lebih lagi!
    Dalam November kami membuat cabutan bertuah $5000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget