General Electric (GE) is a broad based industrial company spanning infrastructure, healthcare and consumer products, in addition to media and financial services.
Fast Track results: GE’s stock failed 3 categories, and is worthwhile thoroughly researching.
Key points:
- Strong free cash flow.
- Earnings have not disappointed, and analysts’ estimates have been stable.
- Management has been buying stock.
- Attractive 3.6% yield.
The Company Stock Risk Profile Fast Track is a research tool for quickly and easily screening stocks for potential ideas. Fast Track is comprised of 10 key categories incorporating fundamentals, valuation and how management and the Street feel about the stock. I like to see a stock fail no more than 3 categories before putting the stock through the complete 50-category Company Stock Risk Profile research process. Most important, whatever screening tool you choose to use, always thoroughly research the stocks that pass your screen before buying.
