General Electric Co (GE): Today's Featured Industrial Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 2.0%. By the end of trading, General Electric fell $0.43 (-1.8%) to $23.18 on average volume. Throughout the day, 51,082,446 shares of General Electric exchanged hands as compared to its average daily volume of 36,671,400 shares. The stock ranged in price between $23.11-$23.39 after having opened the day at $23.36 as compared to the previous trading day's close of $23.61. Other companies within the Industrial industry that declined today were:
Wowjoint Holdings
(
BWOW
), down 11.6%,
(
), down 8.4%,
(
), down 8.3% and
(
), down 7.0%.
General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $242.2 billion and is part of the industrial goods sector. Shares are up 13.3% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
General Electric
as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year, notable return on equity and increase in net income. 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 positive front,
(
), up 28.8%,
(
), up 10.1%,
(
), up 3.5% and
China Ming Yang Wind Power Group
(
), up 1.6%.
- 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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