Company Of The Day: General Electric
What?
General Electric (NYSE:GE) has indicated in an investor letter that it expects supply chain issues to continue to put pressure on its performance through at least the first half of this year.
Why?
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GE expects material and labor shortages and high inflation to impact its business segments such as Healthcare, Renewable Energy, and Aviation.
So What?
GE stock declined by about 6% in Friday’s trading.
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 | Feb 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
GE Return | -2% | -2% | -62% |
S&P 500 Return | -4% | -9% | 94% |
Trefis MS Portfolio Return | -2% | -11% | 251% |
[1] Month-to-date and year-to-date as of 2/22/2022
[2] Cumulative total returns since the end of 2016