Company Of The Day: General Electric

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Upside
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Trefis
GE: General Electric logo
GE
General Electric

What?

Last week, General Electric (NYSE:GE) announced that its GE Digital business was acquiring Opus One, a company that develops software for managing distributed power systems such as solar power generation, wind farms, and battery storage.

Why?

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The electricity grid could get more complex as the transition to renewables gathers pace. It’s likely that this will drive demand for sophisticated grid management software tools.

So What?

Although the deal is unlikely to have a meaningful impact on GE’s bottom line in the near term, it could drive high-margin software sales in the long run.

See Our Complete Analysis For General Electric

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Dec 2021
MTD [1]
2021
YTD [1]
2017-21
Total [2]
 GE Return -8% 769% 209%
 S&P 500 Return 1% 26% -100%
 Trefis MS Portfolio Return 2% 47% 297%

[1] Month-to-date and year-to-date as of 12/27/2021
[2] Cumulative total returns since 2017

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