What to Know About General Electric Stocks
The name ‘GE’ is synonymous to globalization and success. When it comes to business and making huge profits, NYSE GE has been on a different route from other companies making it big in USA. However, despite its great start, GE is now coming back to its slow feet, which is why some people have taken a negative view on this.
Since its establishment, General Electric Company has grown tremendously. In fact, it expanded to a larger market and beyond. It now serves almost all of America and around the world. It operates through its various segments: food & beverage, electricity, industrial, aerospace, GE Industrial Solutions, Global Services, and Global Financing. In its foray into the global arena, the company not only made huge profits but also changed the face of how large companies operate.
Let us have a closer look at all these segments and see how they perform and whether they are worth buying or not. Food & Beverage segment is one of the most lucrative ones. It accounts for more than 50% of the revenue of the whole company and it includes branded and non-branded products like juices, ice cream, milk, bread, cereals, potato chips, chicken and turkey. These products have an astounding presence in the US market, especially in the southern and Midwestern states. The market is highly saturated with these products. Buyers usually earn profits from the premiums they pay for these products.
The next area is the Industrial segment where food and beverages are concerned. It is a fast growing sector due to the rising population in major cities. The demand for these products is continuously increasing, especially when the economy is still recovering. The demand for these products is further fuelled by obesity, environmental issues, and concerns on how to feed the world. As such industrial goods manufacturers are looking for ways to come up with effective solutions to these problems.
The third sub-sector, we shall be looking into is the Energy segment. This is closely related to the food and beverage categories. It is highly volatile and even the slightest change can result in huge profits or catastrophic losses.
Companies dealing in this segment invest in research and development of new technologies and energy solutions to boost the productivity of the factories. In the past few years, green technology has also gained a lot of popularity and it is expected that it will gain more importance in coming years.
The fourth and last sub-sector, we will be looking into is the Energy production. This involves oil refineries, wind power plants, solar power plants, and other energy producing facilities. Although the demand for these products is continuously growing, the prices are controlled to a certain extent so there is a reasonable competition here too.
In addition, these are considered to be the safest stocks as prices are set based on supply and demand. So, if you want to gain maximum profit from your investments, then you should definitely consider all these sub-sectors when investing in general electric companies. You can get more information like balance sheet at https://www.webull.com/balance-sheet/nyse-ge.