๐๐ ๐ฌ๐ฆ๐๐ฌ๐ก๐๐ฌ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ - ๐ข๐ฌ ๐ข๐ญ ๐ ๐ฌ๐๐๐ซ๐๐ญ ๐๐ฎ๐ฒ?
The recent earnings showed the rolling 4Q EPS exceeded analyst expectations by 33%. HOWEVER, analysts were quite pessimistic on their estimates, and EPS is down year-on-year. So is this the first green shoots of a turn around; or just a last gasp for breath? I like GE for the long term. They have positioned themselves well for the emergence of new technologies in the renewables sector - while still being a major player in existing sectors such as aero.
In fact, one of the brighter spots for GE is their renewables business unit. With more initiatives coming out of the Biden White House; it seems that renewables will be a big focus over the next 4 years - and the upside could be very rewarding.
The recent earnings showed the rolling 4Q EPS exceeded analyst expectations by 33%. HOWEVER, analysts were quite pessimistic on their estimates, and EPS is down year-on-year. So is this the first green shoots of a turn around; or just a last gasp for breath? I like GE for the long term. They have positioned themselves well for the emergence of new technologies in the renewables sector - while still being a major player in existing sectors such as aero.
In fact, one of the brighter spots for GE is their renewables business unit. With more initiatives coming out of the Biden White House; it seems that renewables will be a big focus over the next 4 years - and the upside could be very rewarding.
