General Electric (GE) Has Fallen 26% in Last One Year, Underperforms Market
GE) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on General Electric Co (NYSE:GE) stock. General Electric Co (NYSE:GE) is an American multinational conglomerate.” data-reactid=”12″>If you are looking for the best ideas for your portfolio you may want to consider some of Longleaf Partners top stock picks. Longleaf Partners, an investment management firm, is bullish on General Electric Co (NYSE:GE) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on General Electric Co (NYSE:GE) stock. General Electric Co (NYSE:GE) is an American multinational conglomerate.
GE) stock has posted a return of -26.3% in the trailing one year period, underperforming fund’s benchmark the S&P 500 Index which returned 14.2% in the same period. This suggests that the investment firm was wrong in its decision. On a year-to-date basis, General Electric Co (NYSE:GE) stock has fallen by 42.5%.” data-reactid=”13″>On July 9, 2019, Longleaf Partners had released its Q2 2019 investor letter. General Electric Co (NYSE:GE) stock has posted a return of -26.3% in the trailing one year period, underperforming fund’s benchmark the S&P 500 Index which returned 14.2% in the same period. This suggests that the investment firm was wrong in its decision. On a year-to-date basis, General Electric Co (NYSE:GE) stock has fallen by 42.5%.
GE) stock in the Q2 2019 investor letter.” data-reactid=”14″>Longleaf Partners fund posted a return of -2.9% in the second quarter of 2019, underperforming fund’s benchmark the S&P 500 Index which returned 4.3% in the same period. Let’s take a look at comments made by Longleaf Partners about General Electric Co (NYSE:GE) stock in the Q2 2019 investor letter.
“General Electric, the Fund’s worst performer in 2018, reversed course after CEO Larry Culp, who had already shown his willingness to monetize assets at the right price, announced an attractive sale of GE’s Biopharma segment to Danaher, completed the improved spinout of the transportation business (Wabtec) and reported two quarters of no surprises at GE Capital. While up from extreme lows, we believe the stock price remains deeply discounted. Additional transactions could be forthcoming, as Culp remains focused on opportunities to monetize assets at fair prices.”
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published an article revealing that Vulcan Value Partners is bullish on General Electric Co (NYSE:GE) stock. The investment firm is betting on the company’s strong liquidity position and attractive set of assets.” data-reactid=”33″>Last month, we published an article revealing that Vulcan Value Partners is bullish on General Electric Co (NYSE:GE) stock. The investment firm is betting on the company’s strong liquidity position and attractive set of assets.
GE) stock decreased by about 2% from the previous quarter (see the chart here), so a number of other hedge fund managers don’t seem to agree with General Electric’s growth potential. Our calculations showed that General Electric Co (NYSE:GE) isn’t ranked among the 30 most popular stocks among hedge funds.” data-reactid=”34″>In Q2 2020, the number of bullish hedge fund positions on General Electric Co (NYSE:GE) stock decreased by about 2% from the previous quarter (see the chart here), so a number of other hedge fund managers don’t seem to agree with General Electric’s growth potential. Our calculations showed that General Electric Co (NYSE:GE) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
most profitable companies in America to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:” data-reactid=”38″>At Insider Monkey we scour multiple sources to uncover the next great investment idea. We go through lists like the 10 most profitable companies in America to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:
Insider Monkey.” data-reactid=”40″>Disclosure: None. This article is originally published at Insider Monkey.