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How to Buy General Electric Co Stock

General Electric Co

General Electric Co is a specialty industrial machinery company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker GE on the NYSE exchange.

General Electric Co stock last closed at $180.12, up 3.79% from the previous day, and has increased 93.03% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.59 percentage points. General Electric Co stock is currently +92.7% from its 52-week low of $93.47, and -0.13% from its 52-week high of $180.36.

There are currently 1.09B shares of GE outstanding. The market value of GE is $196.03B. In the past 24 hours, 10.01M GE shares were traded.

How to Buy General Electric Co Stock

Wondering how to invest in General Electric Co stock? Here's how.
  1. Choose where to buy General Electric Co stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy General Electric Co stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. Research General Electric Co stock: The General Electric Co ticker symbol is GE. Is General Electric Co stock a good investment? Should you buy shares of GE? How do GE's underlying business fundamentals look? Do top analysts think General Electric Co is a good buy? Why has GE's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if GE is a good stock to buy).
  5. Make your GE purchase: Decide if you will purchase GE shares at the current market price or use a limit order to buy GE stock at a particular price.
  6. Get key alerts regarding your investment in GE: Create a watchlist to monitor your investment in General Electric Co stock.

Step 1: Choose where to buy General Electric Co stock

You need a brokerage account to access the NYSE market and buy GE shares.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the right brokerage, you need to fill out some personal info so you are able to invest in GE stock today.

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  1. Click here to get started.
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  2. Input your personal info to open your new trading account.
  1. Submit your application by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research General Electric Co stock

Once you have identified the best place to buy General Electric Co stock, it's very important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

General Electric Co shares data

GE Price
$180.12
1w %
3.56%
1y %
93.03%
5y %
126.05%
P/E
21.34x
P/B
7.16x
P/S
2.88x
PEG
N/A
Revenue
$67.95B
Earnings
$9.19B
Fore. Rev. Growth
6.21%
Fore. Earn. Growth
-5.37%
Market Cap
$196.03B
Next Earnings
Apr 25, 2024
Next Dividend
N/A

GE Zen Score

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on GE's stock page.

What is the fair value of GE stock?

You can use many financial metrics, analyses, models, and charts to gauge GE's intrinsic value.

Using relative valuations measures:

  • GE may be undervalued based on its P/E ratio of 21.34x, relative to Specialty Industrial Machinery industry P/E ratio of 27.63x
  • GE could be overvalued based on its P/B ratio of 7.16x, relative to Specialty Industrial Machinery industry P/B ratio of 5.38x

You can do additional valuation analysis on GE's stock here.

Is GE a healthy company?

Passed Financial Due Diligence Checks:

  • GE's operating cash flow of $5.18B allows it to safely service it's debt of $20.96B.
  • GE profit margin has gone up from 0.1% to 13.5% in the past year.
  • Total GE debt is lower than 5 years ago, relative to shareholder equity.
  • GE earnings of $11.76B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the GE balance sheet.

Failed Financial Due Diligence Checks:

  • GE has a relatively high debt to equity ratio of 4.91.
  • There are more long-term liabilities than short-term assets on the GE balance sheet.

Is it a good time to buy GE stock, according to analysts?

Out of 8 sell side analysts who track GE, the consensus analyst rating on GE is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Latest GE Analyst Recommendations

Julian Mitchell, a top 1% analyst from Barclays maintains GE with a strong buy rating and raises their GE price target from $153.00 to $181.00, on Feb 29, 2024.

Barclays's Julian Mitchell raised their price target on General Electric Co (NYSE: GE) by 18.3% from $153 to $181 on 2024/02/29. The analyst maintained their Strong Buy rating on the stock.

Given the current price of General Electric Co's stock, Mitchell said that investors are essentially obtaining Vernova at no cost.

Barclays' revised sum-of-the-parts analysis suggests that the shares have a fair value of $181, the analyst reported.

Mitchell detailed that the aerospace business alone is valued at $160 per share, while GE Vernova is worth $20 to $25 per share.

Andy Kaplowitz, a top 1% analyst from Citigroup maintains GE with a strong buy rating and raises their GE price target from $135.00 to $148.00, on Dec 11, 2023.

Scott Deuschle, a top 13% analyst from Deutsche Bank initiates coverage on GE with a strong buy rating and announces their GE price target of $141.00, on Sep 28, 2023.

You can dive deeper into what analysts are forecasting on the General Electric Co stock forecast page.

GE Technicals

SMA10
173.19
SMA20
168.22
SMA50
151.13
SMA100
136.32
SMA200
123.61
MACD
7.34
MACD Signal
7.39
MACD Histogram
-0.05
RSI
78.3
Stochastic %K
84.25
Stochastic %D
84.59
StochRSI %K
16.19
StochRSI %D
18.24

GE Growth Metrics

Last year, GE earnings were $9.19B. In the past three year, GE's earnings have gone up by 93.71% per year. This was faster than the Specialty Industrial Machinery industry average of 25.83%.

Last year, GE revenue was $67.95B. During the last five year, GE's revenue has gone up by -6.87% per year. This was slower than the Specialty Industrial Machinery industry average of 3.55%.

Learn more about GE's earnings and revenue performance here.

What are GE executives and large shareholders up to?

In the past 12 months, insiders at GE have sold more shares than they have bought.

L. Kevin Cox, Senior Vice President of GE, was the latest GE insider to sell. They sold $1,290,254.10 worth of GE stock on Mar 1, 2024.

Dig into more about who owns GE shares here.

Does GE stock generate passive income?

General Electric Co pays a dividend of 0.13%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.24%. If you owned $1,000 of GE stock, you would have been paid $1.33 in the past year.

General Electric Co dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about General Electric Co dividend yield and history here.

What do other traders have to say about GE?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your GE purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, place a limit order.

Press the Open button and eToro will place your order.

If you need more help with investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in GE

Now that you own some shares in GE, you'll want to stay up-to-date on your new investment.

Make a watchlist to keep track of your GE stock.

GE Feed

How to Buy Stock in General Electric Co

To reiterate, here are the 6 steps to buy General Electric Co stock:

  1. Choose where to buy General Electric Co stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Research General Electric Co stock
  5. Make your GE purchase
  6. Get key alerts regarding your investment in GE

If you need a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in General Electric Co, click below.

NYSE: GE
$180.12+6.57 (+3.79%)
Updated Mar 27, 2024
Open eToro Account
NYSE: GE
$180.12+6.57 (+3.79%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one General Electric Co share?

As of Mar 27, 2024, it costs $180.12 to buy one share of General Electric Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.555 shares of GE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy General Electric Co stock?

According to 8 Wall Street analysts who monitor General Electric Co, their consensus recommendation is to buy General Electric Co stock.

What is the best way to buy General Electric Co stock?

One way to place an order for General Electric Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.