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Actionable news in GE: GENERAL ELECTRIC COMPANY,

Why GE Could Generate Gains of Over 15% in the Next Year

General Electric Co. (NYSE: GE) is a leading blue-chip industrial company that some analysts believe is poised to generate high single-digit earnings growth over the next five years. One independent research firm in particular, Argus, believes that GE will continue to benefit from its restructuring to focus on its Industrial Group, as well as from its diverse product lines and its strong presence in the power generation, aviation and health care markets.

The firm sees the growing backlog, solid execution in the industrial businesses and a smaller GE Capital that provides financing for the company’s industrial customers as strong positives for GE.

As a result, Argus has a Buy rating for GE with a $36 price target, implying upside of 13% from the current price level.

Based on the recent margin trends, as well as an expected...


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