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2016 turned to be better than 2015 for General Electric

analytics
24 January 2017 , 17:37

Bullish trading recommendation

Latest financial results of General Electric showed significant improvement in key performance indicators. It is much more noticeable in comparison with 2015, when the company reported a loss of $ 5,79 billion. Considering the current situation, we recommend opening buy-limit pending order on General Electric stock.

Financial situation

The manufacturer of power plants, aircraft engines, locomotives and other industrial equipment earned $ 8.5 billion in 2016, with $ 3.66 billion in the last quarter. General Electric's revenue increased by 5% (YoY) to $123,7 billion.

Pic.2 General Electric financial results

To learn more about the analysis, as well as entry points into position, you can see full details in the personal account of our TSI Trading Pro platform.

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