
In 2021, General Electric hopes to see the recovery of its aviation unit that dropped 41% from a year earlier as a result of the pandemic.
General Electric Company offers infrastructure and financial services worldwide.
General Electric Company (GE) is an American multinational conglomerate incorporated in New York City and headquartered in Boston. As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance and lighting.
In 2018, GE ranked among the Fortune 500 as the 18th-largest firm in the U.S. by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th-most profitable company but has since very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize.
In 2021, General Electric hopes to see the recovery of its aviation unit that dropped 41% from a year earlier as a result of the pandemic.
On key earnings and sales metrics, GE stock earned a poor EPS Rating of 11 out of 99. However, the stock still has strong, rising institutional support. Therefore, some experts recommend considering investing in GE stock instead of buying Bitcoin.
General Electric (GE) shares were trading around $10.71 in the after-hours session, having dropped by approximately 0.56%.