Entering text into the input field will update the search result below

"Perfectly timed" purchase of GE by Peltz

Oct. 06, 2015 2:26 PM ETGeneral Electric Company (GE) StockGEBy: Stephen Alpher, SA News Editor30 Comments
  • "Kudos to Trian for timing in acquiring their position in General Electric (GE +2%)," writes The Institutional View's Andrew Addison, noting the fund's average cost is about $25.50 per share.
  • Addison expects Nelson Peltz and team to support Jeff Immelt's efforts to continue streamlining operations and buy back stock. He notes Peltz' year-end 2017 valuation of $40-$45 is the same as his (Peltz' valuation was arrived an fundamentally, Addison's technically).
  • Dips should be bought, says Addison.
  • Previously: Trian Fund Management takes $2.5B stake in GE (Oct. 5)

Recommended For You

About GE Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
GE--
General Electric Company
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.