The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK ( Trefis) -- We recently launched coverage of General Electric ( GE) with a price estimate of about $20 for the company's stock, which is more than 20% above its current price. General Electric is one of the largest and most diversified technology, infrastructure and financial services corporations in the world. It offers a wide range of products and services including aircraft engines, power generation, water processing, household appliances, medical imaging, business and consumer financing and industrial products. GE has operations in more than 100 countries and employs about 287,000 people. Its major competitors include Siemens ( SI), United Technologies ( UTX), and Halliburton ( HAL), among many other engineering and financial services companies. See our full analysis for GE here. We have broken down our analysis of GE into five main business segments: energy infrastructure, technology infrastructure, NBC Universal, GE Capital, and Home and Business Solutions. Energy Infrastructure and Technology Infrastructure are the two key divisions, contributing more than 65% of our price estimate. The Energy Infrastructure division operates in the field of development, implementation and improvement of products and technologies that harness resources such as wind, oil, gas and water. Technology Infrastructure primarily consists of products and services offered to the aviation, healthcare and transportation industries.
With aircraft technology becoming more complicated, specialized services are required to manage MRO requests efficiently. Over the next few years, we expect that GE and other suppliers will benefit greatly from the shift to MRO outsourcing. We believe that GE's strong product portfolio, longstanding relationships with all major aircraft manufacturers and global footprint will allow the company to attain a greater share of the global aviation engines and equipment market. GE's Energy Infrastructure division provides products and services related to energy production, distribution and management. The business designs and manufactures products such as gas turbines and generators, wind turbines, solar panels, surface and subsea drilling and production systems, high pressure reactors, and industrial power generation equipment, among many others. GE also continues to invest in market-leading technology and services. Historically, the company has invested 4% to 5% of segment revenue into research and development, and the company's strong existing portfolio and commitment to developing producing innovative products should allow for market share growth. Worldwide energy demand continues to increase, and the company's advanced products and commitment to clean energy sources should allow for significant revenue growth in the future. In addition to the infrastructure businesses, GE's diversified presence across the financial, consumer and media industry also bodes well for its future growth prospects. Because it is so well diversified across various business segments, GE's stock price is generally not sensitive to market changes in any one industry. Click here to find out how a company's products impacts its stock price at Trefis. Like our charts? Embed them in your own posts using the Trefis Wordpress Plugin.