NEW YORK (

TheStreet

) --

General Electric

(NYSE:

GE

) hit a new 52-week high Monday as it is currently trading at $21.04, above its previous 52-week high of $21 with 8.5 million shares traded as of 10:05 a.m. ET. Average volume has been 51.8 million shares over the past 30 days.

General Electric has a market cap of $216.67 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 15.7% year to date as of the close of trading on Friday.

General Electric Company operates as a technology and financial services company worldwide. The company has a P/E ratio of 17.8, above the average industrial industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates General Electric as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

General Electric Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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