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Stevenhome
2021-06-29
To the moon ?....
Goldman Sachs names General Electric a top idea, thinks price can jump 24%
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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\">\nGoldman Sachs names General Electric a top idea, thinks price can jump 24%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 20:16 GMT+8 <a href=https://www.cnbc.com/2021/06/29/goldman-sachs-names-general-electric-a-top-stock-idea.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs thinks there’s more to run in the cyclical trade and is naming General Electric a top large-cap idea.\n“We view GE as the ultimate self-help, re-opening levered story in Industrials,” ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/goldman-sachs-names-general-electric-a-top-stock-idea.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://www.cnbc.com/2021/06/29/goldman-sachs-names-general-electric-a-top-stock-idea.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179070037","content_text":"Goldman Sachs thinks there’s more to run in the cyclical trade and is naming General Electric a top large-cap idea.\n“We view GE as the ultimate self-help, re-opening levered story in Industrials,” Goldman Sachs’ Joe Ritchie said in a note released Tuesday.\nThe investment bank is maintaining its buy rating and $16 price target rating on shares of GE. The firm’s price target implies an upside of 24% to the stock’s closing price of $12.89 on Monday.\nGoldman Sachs believes General Electric is well-positioned to benefit from a shift into mid-to-late cycle markets like aerospace.\n“This is one of the best backdrops we’ve seen for Industrials over the past decade. Inventories are at historically low levels, growth has been negative for two years, stimulus is on the way and moderate inflation is generally good for cyclicals,” Richie said.\nGoldman Sachs’ call comes as lawmakers in Washington are reaching a bipartisan deal on infrastructure stimulus.\nIn order for General Electric’s stock to outperform peers, growth is key, according to Goldman Sachs.\nGoldman Sachs notes that General Electric is the “most rate sensitive stock” in its coverage. The firm predicts rates to rise to 1.9% by the end of 2021. The 10-year Treasury yield was trading around 1.48% on Tuesday.\nGeneral Electric shares are down 8.3% in June as investors moved away from cyclical stocks and into growth names, but are up 19.4% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":159508606,"gmtCreate":1624973251805,"gmtModify":1703849134797,"author":{"id":"4087883575981680","authorId":"4087883575981680","name":"Stevenhome","avatar":"https://static.tigerbbs.com/2ed6d2da09db534b1ef8bb61001db680","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087883575981680","idStr":"4087883575981680"},"themes":[],"htmlText":"To the moon ?....","listText":"To the moon ?....","text":"To the moon ?....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159508606","repostId":"1179070037","repostType":4,"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
