Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|MMM Becomes #12 Most Shorted Dow Stock, Replacing General Electric
Monday, March 28, 7:53 AM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 03/15/2016 ...
One Put, One Call Option To Know About for General Electric
Monday, March 28, 12:08 PM ET, by Market News Video Staff
Consistently, one of the more popular stocks people enter into their stock options watchlist at ...
UPRO, GE, FB, AMZN: Large Outflows Detected at ETF
Thursday, March 31, 10:56 AM ET, by Market News Video Staff
Symbols mentioned in this story: UPRO, GE, FB, AMZN Exchange traded funds (ETFs) trade just ...
General Electric (GE) Shares Cross 3% Yield Mark
Wednesday, April 6, 3:08 PM ET, by Market News Video Staff
In trading on Wednesday, shares of General Electric Co (GE) were yielding above the 3% ...
Notable ETF Inflow Detected - IVE, T, WFC, GE
Friday, April 8, 10:58 AM ET, by Market News Video Staff
Symbols mentioned in this story: IVE, T, WFC, GE Exchange traded funds (ETFs) trade just ...
Broker Darlings of the Dow: General Electric Co Ranks As a Top 15 Analyst Pick
By Market News Video Staff, Wednesday, October 3, 12:00 PM ET
A study of analyst recommendations at the major brokerages shows that General Electric Co (NYSE:GE) is the #8 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. General Electric Co also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #153 spot out of 500.
In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages. Investors often interpret analyst opinions from different angles — a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise.
From the other direction, when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor.
For these reasons, we at ETF Channel find value to putting together these rankings, because both the top and the bottom ends of the lists can often make for some interesting stock picking ideas for further research.
Below is a chart of rank over time:
According to the ETF Finder at ETF Channel, GE makes up 14.37% of the Vanguard Industrials ETF (VIS) which is trading higher by about 0.4% on the day Wednesday.
See what other ETFs contain GE »
See what other stocks are held by VIS »
GE operates in the Electronic Equipment & Products sector, among companies like Siemens AG (SI) which is up about 0.5% today, and Emerson Electric Co. (EMR) trading up by about 0.8%. Below is a three month price history chart comparing the stock performance of GE, versus SI and EMR.
GE is currently trading up about 0.5% midday Wednesday.
This Article's Word Cloud: