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2021-06-30
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2021-06-30
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2021-06-30
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General Electric stock could potentially double: Goldman Sachs
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2021-06-30
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The analyst slapped a $16 price target on GE's stock, representing about a 22% upside from current levels.</p>\n<p>Shares rose 1.3% to $13.06 in early afternoon trading Tuesday. GE's stock is up 21% year-to-date, per Yahoo Finance Plus data. That's better than the 18% gain in Caterpillar (CAT) and the 13% rise in <a href=\"https://laohu8.com/S/MMM\">3M</a> (MMM), two fellow industrials.</p>\n<p>But Goldman's Ritchie didn't rule out a much higher move to the upside for GE's stock as it continues to repair its finances under well-paid CEO Larry Culp and partakes in the global economic recovery.</p>\n<p>\"We view the next chapter for GE, beyond our $16 price target, as being driven by +double-digit free cash flow margins (or $1/share in free cash flow), which would imply a $20+ valuation,\" Ritchie posited.</p>\n<p>For 2021, Ritchie estimates GE will generate $4.2 billion in free cash flow. The company's guidance called for free cash flow in the range of $2.5 billion to $4.5 billion. Adjusted earnings are forecast by GE to come in at $0.15 to $0.25 for 2021.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Electric stock could potentially double: Goldman Sachs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Electric stock could potentially double: Goldman Sachs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 08:47 GMT+8 <a href=https://finance.yahoo.com/news/general-electric-stock-could-potentially-double-goldman-sachs-154918645.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs thinks it's time to back up the dump truck on still fundamentally beat up industrial giant General Electric (GE).\n\"We view GE as the ultimate self-help, re-opening levered story in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/general-electric-stock-could-potentially-double-goldman-sachs-154918645.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://finance.yahoo.com/news/general-electric-stock-could-potentially-double-goldman-sachs-154918645.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147864452","content_text":"Goldman Sachs thinks it's time to back up the dump truck on still fundamentally beat up industrial giant General Electric (GE).\n\"We view GE as the ultimate self-help, re-opening levered story in Industrials,\" said Goldman Sachs analyst Joe Ritchie in a new research note on Tuesday. The analyst slapped a $16 price target on GE's stock, representing about a 22% upside from current levels.\nShares rose 1.3% to $13.06 in early afternoon trading Tuesday. GE's stock is up 21% year-to-date, per Yahoo Finance Plus data. That's better than the 18% gain in Caterpillar (CAT) and the 13% rise in 3M (MMM), two fellow industrials.\nBut Goldman's Ritchie didn't rule out a much higher move to the upside for GE's stock as it continues to repair its finances under well-paid CEO Larry Culp and partakes in the global economic recovery.\n\"We view the next chapter for GE, beyond our $16 price target, as being driven by +double-digit free cash flow margins (or $1/share in free cash flow), which would imply a $20+ valuation,\" Ritchie posited.\nFor 2021, Ritchie estimates GE will generate $4.2 billion in free cash flow. The company's guidance called for free cash flow in the range of $2.5 billion to $4.5 billion. Adjusted earnings are forecast by GE to come in at $0.15 to $0.25 for 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153150618,"gmtCreate":1625014515234,"gmtModify":1703850081053,"author":{"id":"4087544395382120","authorId":"4087544395382120","name":"Xono","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544395382120","authorIdStr":"4087544395382120"},"themes":[],"htmlText":"Nice! Buy!","listText":"Nice! Buy!","text":"Nice! Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153150618","repostId":"2147898422","repostType":4,"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":153155635,"gmtCreate":1625014764727,"gmtModify":1703850086617,"author":{"id":"4087544395382120","authorId":"4087544395382120","name":"Xono","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544395382120","authorIdStr":"4087544395382120"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>let’s goooo","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>let’s goooo","text":"$Apple(AAPL)$let’s goooo","images":[{"img":"https://static.tigerbbs.com/2bd8a821bc521cf885924ff4eb5d2fe8","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153155635","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153158290,"gmtCreate":1625014665210,"gmtModify":1703850082844,"author":{"id":"4087544395382120","authorId":"4087544395382120","name":"Xono","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544395382120","authorIdStr":"4087544395382120"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Let’s go","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Let’s go","text":"$Apple(AAPL)$Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153158290","isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153153171,"gmtCreate":1625014585493,"gmtModify":1703850079099,"author":{"id":"4087544395382120","authorId":"4087544395382120","name":"Xono","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544395382120","authorIdStr":"4087544395382120"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153153171","repostId":"2147864452","repostType":4,"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153150618,"gmtCreate":1625014515234,"gmtModify":1703850081053,"author":{"id":"4087544395382120","authorId":"4087544395382120","name":"Xono","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087544395382120","authorIdStr":"4087544395382120"},"themes":[],"htmlText":"Nice! Buy!","listText":"Nice! Buy!","text":"Nice! Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153150618","repostId":"2147898422","repostType":4,"repost":{"id":"2147898422","pubTimestamp":1625012103,"share":"https://ttm.financial/m/news/2147898422?lang=&edition=fundamental","pubTime":"2021-06-30 08:15","market":"us","language":"en","title":"Dingdong Priced Downsized IPO At $23.50/ADS; Shares Jump 10% AH","url":"https://stock-news.laohu8.com/highlight/detail?id=2147898422","media":"Benzinga","summary":"Chinese e-commerce company Dingdong (Cayman) Limited (NYSE: DDL) has priced its initial public offer","content":"<p><img src=\"https://static.tigerbbs.com/d2f8d183c590922828667ac7e29d7d15\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Chinese e-commerce company<b> Dingdong (Cayman) Limited</b> (NYSE: DDL) has priced its initial public offering of 4 million American depositary shares (ADS) at $23.5 per ADS. The total offering size is $95.7 million.</li>\n <li>The company downsized its IPO price after the Tencent Holdings Ltd - (OTC: TCEHY) backed rival grocery app Missfresh Ltd (NASDAQ: MF) IPO debacle last week.</li>\n <li>After opening 18% below the offer price of $10 per ADS on Friday, shares of Missfresh have dropped almost 33% below their IPO price in late afternoon trading on Monday,</li>\n <li>The ADSs are expected to begin trading on the New York Stock Exchange on June 29, 2021, under the symbol \"DDL.\"</li>\n <li>The IPO offering is expected to close on July 1, 2021.</li>\n <li>The company has granted the underwriters an option, within 30 days from the date of the final prospectus, to purchase up to an aggregate of 610K additional ADSs at $23.5 per ADS.</li>\n <li><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> & Co LLC, BofA Securities Inc, and Credit Suisse Securities (U.S.A.) LLC are acting as joint bookrunners and underwriter representatives for the proposed offering.</li>\n <li><b>Price Action:</b> DDL shares are up 9.70% at $26 in the after-hours session on the last check Tuesday</li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dingdong Priced Downsized IPO At $23.50/ADS; Shares Jump 10% AH</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDingdong Priced Downsized IPO At $23.50/ADS; Shares Jump 10% AH\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 08:15 GMT+8 <a href=https://finance.yahoo.com/news/dingdong-priced-downsized-ipo-23-205303963.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese e-commerce company Dingdong (Cayman) Limited (NYSE: DDL) has priced its initial public offering of 4 million American depositary shares (ADS) at $23.5 per ADS. The total offering size is $95.7...</p>\n\n<a href=\"https://finance.yahoo.com/news/dingdong-priced-downsized-ipo-23-205303963.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MF":"每日优鲜"},"source_url":"https://finance.yahoo.com/news/dingdong-priced-downsized-ipo-23-205303963.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2147898422","content_text":"Chinese e-commerce company Dingdong (Cayman) Limited (NYSE: DDL) has priced its initial public offering of 4 million American depositary shares (ADS) at $23.5 per ADS. The total offering size is $95.7 million.\nThe company downsized its IPO price after the Tencent Holdings Ltd - (OTC: TCEHY) backed rival grocery app Missfresh Ltd (NASDAQ: MF) IPO debacle last week.\nAfter opening 18% below the offer price of $10 per ADS on Friday, shares of Missfresh have dropped almost 33% below their IPO price in late afternoon trading on Monday,\nThe ADSs are expected to begin trading on the New York Stock Exchange on June 29, 2021, under the symbol \"DDL.\"\nThe IPO offering is expected to close on July 1, 2021.\nThe company has granted the underwriters an option, within 30 days from the date of the final prospectus, to purchase up to an aggregate of 610K additional ADSs at $23.5 per ADS.\nMorgan Stanley & Co LLC, BofA Securities Inc, and Credit Suisse Securities (U.S.A.) LLC are acting as joint bookrunners and underwriter representatives for the proposed offering.\nPrice Action: DDL shares are up 9.70% at $26 in the after-hours session on the last check Tuesday","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}