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.
The
Dow Jones Industrial Average (
^DJI) is trading up 36 points (+0.2%) at 15,911 as of Wednesday, Dec 18, 2013, 10:35 a.m. ET. During this time, 75.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 369.9 million. The NYSE advances/declines ratio sits at 1,791 issues advancing vs. 1,090 declining with 160 unchanged.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
The average volume for General Electric has been 36.4 million shares per day over the past 30 days. General Electric has a market cap of $272.97 billion and is part of the industrial goods sector and industrial industry. Shares are up 28.5% year to date as of Tuesday's close.
General Electric Company operates as an infrastructure and financial services company worldwide. The company has a P/E ratio of 19.4, below the average industrial industry P/E ratio of 20.2.
- Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates General Electric as a
buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
