Is General Electric Poised to Head Higher?

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With shares of General Electric (NYSE:GE) trading around $26, is GE an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

General Electric is a diversified industrial, technology, and financial services company that operates worldwide. The products and services of the company range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing, and industrial products. General Electric’s segments are Energy Infrastructure, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital. General Electric is a leading provider of a wide range of products, many of which are essential in daily lives of consumers and companies around the world.

U.S. industrial products giant General Electric is in talks to buy the global power turbines division of struggling French engineering group Alstom, according to two sources familiar with the discussions. Earlier on Friday, Alstom chief executive Patrick Kron confirmed to union representatives that there were talks about an “industrial deal,” but did not name GE. The sources said a deal could be announced in the coming days after a board meeting on Friday afternoon. Both sources said it was Alstom, which makes power turbines and railway equipment, which had made the initial approach, and that Alstom’s main shareholder, French conglomerate Bouygues with 29 percent, was backing the deal. Alstom, Bouygues and General Electric declined to comment. French Economy Minister Arnaud Montebourg promised in an interview with Le Monde newspaper to protect the national interest and to study “other solutions and scenarios” for Alstom, one of the country’s top private-sector employers. He said he planned a meeting with GE management and had already met Kron on Thursday.

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