“Buy General Electric at $6.50 Before It Jumps 150%”
September 4, 2020
“After a disappointing summer, General Electric (NYSE:GE) finally looks set to recover…
The QSR scores have been quick to spot GE’s comeback. Over 60% of the firm’s revenues now come from its high-margin aviation and medical businesses. Its loss-making renewable energy segment has recently scored some notable contract wins.
Analysts estimate that GE will generate over $99 billion revenue and $13.7 billion EBITDA by 2024. Putting these numbers into a two-stage discounted cash flow (DCF) model shows GE has a fair value of $16.5, a 152% upside to current prices…”
https://finance.yahoo.com/news/buy-general-electric-6-50-183611616.html
This is a very strong prediction from this yahoo article. I guess this upside is going to happen in a 4 year span? I’m not a long term investor but for the ones out there this stock seems like one you should at least consider.