GE management delivered on free cash flow in 2019: Top industrial analyst
HTML-код
- Опубликовано: 6 окт 2024
- J.P. Morgan's Stephen Tusa joins CNBC's "Halftime Report" to discuss General Electric.
Shares of the embattled industrial company rose more than 1% after JPMorgan’s Stephen Tusa, who gained a following on Wall Street for his work on GE after his negative call in May 2016, upgraded the stock to neutral from underweight. Tusa said GE’s recent outperformance is due to two straight quarters of better-than-expected free cash flow, something he underestimated. The firm also raised its price target to $8 from $5, which is still below its current levels.
For access to live and exclusive video from CNBC subscribe to CNBC PRO: www.cnbc.com/p...
» Subscribe to CNBC TV: cnb.cx/Subscri...
» Subscribe to CNBC: cnb.cx/Subscri...
» Subscribe to CNBC Classic: cnb.cx/Subscri...
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedI...
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/Instagr...
#CNBC
#CNBC TV
Clear message, clear structure, easy to understand, thank you
You try to give the video more brightness it will be great if you do
GE 30$ by 2025 im buying more and holding in 5 years from now ill be happy buyer .
Murad Shawar Minimalist Investor it was around $26 4 years ago.
Chas S 32.50$ in 2016 also would appreciate it if you subbed to my channel man and saw my latest video . I’m new to this RUclips thing
Steve Tusa bad mouthed BOA for years after financial crisis and when I sold my stock 3 years later.....I was very happy! He is just way too conservative with his analysis and I certainly don't listen to his opinions.
It's time to start buying now humans. Pick the company's you like and buy.
I'd say buy GE if it gets to $3 during tax loss selling season for a ride back up to maybe $7 in January.
Year 30 down
That office looks a bit stuffy. Just the place you wouldn't want to be in a pandemic. Just saying.
Cryptocurrencies look good and gold bullion coins at 5% of my portfolio is very conservative.
Where were they on electric cars? General Electric or General toxic assets? Too many female managers.