General Electric: Regaining Iconic Stature

BofA Merrill Lynch equity strategist Savita Subramanian is bullish on the stock market.

By Steven Bauer: General Electric (GE) is one of the Dow Jones 30 companies that do not valuate well. It certainly is not the company it used to be and has little chance of a future recovery.

Topeka Capital analyst Victor Anthony gave a Buy rating to Yahoo! Inc. (NASDAQ:YHOO) stock in a report on Tuesday, increasing the target price from $57.00 to $60.00. The crux behind this decision is the analyst's belief that Tumblr is becoming Yahoo’s Instagram.

Pandora Media Inc (P) shares jumped 10.3% today after analysts at Stifel Nicolaus resumed coverage on the stock, with a ‘Buy’ rating. The company has not reported a yearly profit in the ten odd years it has been in existence; but sell-side analysts seem largely convinced that the future is bright for the internet-radio company.

By David Zanoni:General Electric (GE) has gone from bright to dim and back to bright again since hitting its peak in 2000. The company's largest headwinds have stemmed from its financial segment, GE Capital with the fallout from the financial crisis. However, this segment and the company have been on the road to recovery in the past few years. (click to enlarge)

By Turnkey Analyst:General Electric Company (GE) was at one time the bluest of blue chip companies. Most in the business world are familiar with one of GE's recent blue chip managers, Jack Welch, the legendary CEO who ran GE for 20 years, through the 1980s and 1990s, nearly quadrupling the company’s revenue over the period.

Tom Armistead submits:Harris Corp. (HRS), at recent prices in the 49 area, is attractive as a GARP investment in the Communications Equipment sector. Despite 5 year revenue growth of 10.4% and 5 year EPS growth of 23%, the company trades at a TTM P/E of 9.9. Because more than half of its revenue is dependent on the US government, it has been punished as a defense contractor.

Madhusudan Rao submits: It comes as no surprise to me that Warren Buffett sent a Thank You note on November 16th to Uncle Sam. Unfortunately, his “Thank You” note seems to indicate that Uncle Sam actually bailed out the American Economy and not Warren Buffett’s investments. Mr. Buffett suggests that a lack of intervention would have brought the whole US Economy to a standstill. Sure, a lot of companies would have suffered and many Americans would have lost jobs.