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General Electric (GE)
Ben Hsu and Eric Lin
Background
• One of the largest and most diversified companies in the world
• Incorporated in 1892 when Edison General Electric Company and The Thomson-Houston Company combined
• 320,000 employees• CEO: Jeffrey Immelt• #5 on the Fortune 500
Sources for revenue• Conglomerate– Energy infrastructure• Development of products
to harness natural resources
– Media• NBC Universal
– Technology infrastructure• Transportation, healthcare,
etc. infrastructure for developing countries
Sources for revenue
– Finance• Offers financial
services, lends money
– Consumer and industrial products• Manufactures aviation
parts, consumer appliances, electronics, etc.
Buy Recommendation
• Buy at current price • Sell Limit order at 20.00
Stock Quote• (As of 3/16)• Stock Price: 17.69• 52 week: 9.26 – 18.16• Market Cap: 188.75 billion• Beta: 1.52• # Shares: 10.67 billion• EPS: 1.03• Dividend: .10• P/E: 17.23
Graph
Major Competitors
• Siemens• 3M Co.• Honeywell International• Comparison– Larger market cap– Has grown more in last year– Much more diversified than competitors
Graph
Why should we buy?
• GE is very diversified• Earnings release on 4/16-.16– Easy to beat
• “Green” energy is booming• Upward trend• Superior to competitors– Larger and more diversified
• Dividends expected to grow• Economy is starting back up
Why buy?
• Is considering to buy part of Royal Bank of Scotland– This means they are expanding
Links
• http://www.google.com/finance?q=NYSE:GE• http://www.google.com/finance?q=SI• http://www.google.com/finance?q=MMM• http://www.google.com/finance?q=HON• http://www.google.com/finance?q=NYSE:UTX