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13 pts

Opinion on  General Electric Company (GE)     Sector: Conglomerates  >  Industry: Conglomerates
General Electric Co.

Jun 29, 2008 01:25 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Analyst Recommendation  

General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Its Infrastructure segment produces jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft; wind turbines; aircraft engine derivatives; gas and steam turbines, and generators; drilling and production systems, compressors, turbines, turboexpanders, and industrial power generation equipment; diesel-electric locomotives; and water treatment solutions for industrial and municipal water systems. It also offers financial products and services for aviation and energy sectors, as well as engages in gathering, processing, transporting, and marketing natural gas and gas liquids. The company’s Commercial Finance segment provides loans, leases, and other financial services to manufacturers, distributors, and end-users for various equipment and capital assets. It also provides capital and investment solutions. Its GE Money segment offers credit cards, loans, mortgages, and deposit and savings products to consumers and retailers. GE’s Healthcare segment manufactures equipment for magnetic resonance, computed tomography, positron emission tomography, nuclear, and X-ray imaging. Its NBC Universal segment provides network television services; produces television programs and motion pictures; operates television stations; owns various cable/satellite television networks; and operates theme parks. GE’s Industrial segment offers home appliances; lamp products; electrical distribution and control products; motors and control systems used in end-industrial and consumer products; commercial lighting systems; protection and productivity solutions; handheld and portable field calibrators; equipment for detection of material defects; stand-alone measurement instrumentation; and systems for validating or certifying commercial and industrial processes. The company was founded in 1892 and is based in Fairfield, Connecticut.

Analysts'
 Recommendation:
Buy  
    30 Days Ago: Buy  

  Analysts' Target: $36  

Analysts' Targets
 Wedbush Morgan Securities $33 
    Hold
    Thursday, May 22, 2008

 Wachovia Securities $34 
    Hold
    Thursday, May 15, 2008

 Lehman Brothers $37 
    Equalweight
    Monday, April 14, 2008

 UBS Securities $41 
    Add
    Monday, April 14, 2008

 Oppenheimer & Co. Inc. $34 
    Perform
    Monday, April 14, 2008

 Credit Suisse $41 
    Outperformer
    Friday, April 11, 2008

 RBC Capital Markets $32 
    Hold
    Friday, April 11, 2008


Update 05/11:

http://www.gereports.com/ge-unveils-holographic-disc-breakthr... Contributor Vivek Kemp is GE’s Reporter at Large Scientists at GE’s Global Research Center in upstate New York announced a breakthrough in the pursuit of holographic data storage today. They have successfully demonstrated technology that can put 500 gigabytes onto a single DVD-sized disc. GE unveils holographic disc breakthrough Contributor Vivek Kemp is GE’s Reporter at Large Scientists at GE’s Global Research Center in upstate New York announced a breakthrough in the pursuit of holographic data storage today. They have successfully demonstrated technology that can put 500 gigabytes onto a single DVD-sized disc. “This is significant,” said Brian Lawrence, who manages GE’s holographic project. “Just imagine being able to put all this Information on a disc.” The process works by imprinting chemical changes in the form of patterns –- holograms –- within the disc. Those holograms are then read by lasers, similar to the ones in Blu-ray players. In fact, at 500GB, these holographic discs could offer 20 times the capacity of a single-layer Blu-ray disc. And while the technology is still a few years from market, Lawrence says the realization of this capacity opens the door to a slew of possibilities. “Think about all the information we encounter everyday. As our digital needs grow, so will our need for digital storage,” Lawrence said. “This breakthrough puts us significantly closer to meeting that need.” * Read “G.E.’s Breakthrough Can Put 100 DVDs on a Disc” in The New York Times * Read Brian’s blog about the breakthrough at grcblog.com * Read GE’s earlier blog posts about holographic technology * Read engadget.com’s coverage * Read GE’s announcement Tagged as: Global Research April 27, 2009 at 10:31 am


GE:  This call was made on 06/29/08 @ $26.35
Rating:   Positive   $26.35 (06/29/08)
Gain/Loss:   -38.60% in 514 days
Target:   $36.00 (+36.62%) in > one year
Allocation:   0.8% of portfolio


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Marian Filo previously rated GE
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