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How GE Investors Could Benefit From The Boeing Groundings
Wednesday, July 24, 2019 - 3:10pm | 644JPMorgan analyst and General Electric Company (NYSE: GE) bear Stephen Tusa said this week the grounding of the Boeing Co (NYSE: BA) 737 Max could be good news for GE’s numbers when it reports second-quarter earnings July 31. On Tuesday, Gordon Haskett analyst John Inch said GE’s second-...
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Analyst: GE Earnings Aren't As Great As They Seem
Tuesday, April 30, 2019 - 10:44am | 486General Electric Company (NYSE: GE) investors received some much-needed good news Tuesday after the company reported a first-quarter earnings beat and reaffirmed its previous full-year financial guidance. The earnings report may be the sign investors needed that expectations for GE have...
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Are GE's Guidance Cuts Finally Over? Analysts Speak Up On Company's Financial Update
Friday, March 15, 2019 - 12:15pm | 571General Electric Company (NYSE: GE) investors weren’t impressed by CEO Larry Culp’s pledge for transparency on Thursday, sending the stock lower on Friday. GE released updated financial guidance Thursday, calling for 2019 EPS of between 50 cents and 60 cents, below consensus estimates...
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Gordon Haskett: General Electric Bull Thesis 'Dubious And Lacking Basic Intuition'
Wednesday, March 13, 2019 - 2:27pm | 737As General Electric Company (NYSE: GE) prepares to provide a critical financial update for its shareholders on Thursday, investors are still trying to figure out exactly how a blue chip company worth $300 billion at the beginning of 2016 could now have a market cap of under $90 billion. According...
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The Street's Early Reaction To Walmart's Q4 Beat
Tuesday, February 19, 2019 - 12:39pm | 588Retail giant Walmart Inc (NYSE: WMT) reported Tuesday morning with fourth-quarter results that were better-than-expected and helped lift the stock higher by more than 3 percent. Moody's O'Shea: CEO Deserves Credit Walmart CEO Doug McMillon has done a "terrific job" in managing the...
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Gordon Haskett: Will GE Have Equity Value Once Asset Sales Are Over?
Thursday, January 24, 2019 - 11:21am | 436It wasn’t long ago that General Electric Co. (NYSE: GE) was one of the largest blue chip industrial stocks in the U.S. On Wednesday, one Wall Street analyst said that once GE divests its oil and gas, health care and transportation businesses, the remaining company may have little or no value...
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General Electric's Liquidity Problem
Tuesday, November 13, 2018 - 2:03pm | 666General Electric Company (NYSE: GE) is having a rare green day Tuesday, gaining more than 12 percent after the company announced a new strategic plan for its stake in Baker Hughes a GE Co (NYSE: BHGE). Unfortunately for GE investors, experts are saying GE’s situation may be worse than...
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Gordon Haskett: Why General Electric Shares Have Downside To $5
Monday, November 5, 2018 - 12:03pm | 483Despite some support from Street analysts in the form of upgrades, General Electric Company (NYSE: GE) stock remains below the $10 mark, with downside potential to $5 per share, according to Gordon Haskett. The Analyst Gordon Haskett's John Inch maintains an Underperform rating on...
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Gordon Haskett Analyst Previews GE Earnings: 'I Think A Dividend Cut Is Inevitable'
Monday, October 29, 2018 - 12:05pm | 1068General Electric (NYSE: GE) investors may have their fingers on the "sell" button when the company reports Q3 earnings Tuesday. John Inch, Managing Director and Senior Equity Analyst at Gordon Haskett, recently joined Benzinga’s PreMarket Prep to discuss what GE investors can...
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7 Reasons To Like Tractor Supply Courtesy Of Gordon Haskett
Wednesday, June 20, 2018 - 3:39pm | 433Gordon Haskett Research Advisors gave seven reasons to buy Tractor Supply Company (NASDAQ: TSCO) in a note this week. The Analyst Gordon Haskett's Chuck Grom initiated coverage of Tractor Supply Company with an Accumulate rating and $86 price target. The Thesis Tractor Supply boasts...
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The Return Of Retail? Gordon Haskett Takes A Closer Look At 3 Names
Wednesday, January 31, 2018 - 5:27pm | 645It may be too early to determine whether back from the dead, but the sector's exchange traded fund, the SPDR S&P Retail (ETF) (NYSE: XRT), has completed a "180-degree turn" over the past three months — which has analysts at Gordon Haskett "positively biased"...
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Nordstrom Rack A Demonstration Of Retail's Perseverance Amid Department Store Chaos
Friday, May 12, 2017 - 10:00am | 524Nordstrom, Inc. (NYSE: JWN) shares were left reeling despite a first quarter that saw a beat on both the top and bottom lines. The department store, often viewed as one of the strongest company’s in a struggling retail environment, fell over 11 percent on Thursday. While comp sales fell 2.8...