- General Electric's stock has performed well so far in 2019 but let's not forget that the stock is still down big over the last 3 years.
- Investors should get ready to hear more about General Electric's margins in 2019 because I believe that the company's margin profile is a big part of the turn-around story.
- I am long General Electric and I plan to stay long the stock.
General Electric's ($GE) stock has performed well so far in 2019, as GE shares are outperforming the market by almost 23 percentage points on a YTD basis.
However, let's also not forget that GE shares are still down by ~65% over the last 3 years. The impressive stock performance in 2019 is largely due to the fact that the company's new CEO, Mr. Larry Culp, has been able to start changing the narrative for this storied industrial conglomerate.
I am on record for saying that GE is a fixable company and I still believe that to be the case today. GE reported solid results to end 2018, but looking forward, I believe that the company's margins will be a big part of the story.
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