General Electric Co (GE): Today's Featured Industrial Winner
(
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.4%. By the end of trading, General Electric rose $0.33 (1.4%) to $23.24 on light volume. Throughout the day, 22,432,973 shares of General Electric exchanged hands as compared to its average daily volume of 42,566,200 shares. The stock ranged in a price between $22.95-$23.24 after having opened the day at $23.17 as compared to the previous trading day's close of $22.91. Other companies within the Industrial industry that increased today were:
(
), up 14.8%,
(
), up 14.3%,
China Recycling Energy Corporation
(
), up 14.0% and
China Ming Yang Wind Power Group
(
), up 9.6%.
General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $236.8 billion and is part of the industrial goods sector. Shares are up 9.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
General Electric
as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full General Electric Ratings Report.
On the negative front,
(
), down 11.6%,
(
), down 7.1%,
(
), down 6.0% and
Cleantech Solutions International
(
), down 5.6%.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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