GE’s three-way breakup is now complete

Conglomerate General Electric has completed its plan, first announced in 2021, to split into three public companies.
The first stage occurred on January 3, 2023 when General Electric investors received one share of medical equipment subsidiary GE HealthCare for every three GE shares they held. Parent… Read More

We still like them five years after split

Like GE (see page 41), in 2019 industrial conglomerate DowDuPont broke itself into three new “pure-play” firms—DuPont, Dow and Corteva (see box). We still like their long-term prospects, and see all three as buys.
DUPONT DE NEMOURS INC. $78 is a buy. The company (New York symbol DD;… Read More

Buy just one of these GE spinoffs now

Conglomerate General Electric has completed its plan, first announced in 2021, to split into three public companies: GE Aerospace (jet engines), GE Vernova (equipment for electrical power producers), and GE HealthCare (x-ray machines and MRI scanners).
All three of the stocks are up since the split… Read More

We still prefer the spinoff to its parent

The shares of industrial conglomerate General Electric have gained 55% since it decided to split into three separate firms in November 2021. The company now expects to complete the final spinoff in April 2024. While the breakup should ultimately benefit investors, the recent healthcare equipment… Read More

Three ETFs—two buys and one we don’t like

Here’s a look at three popular ETFs in three different areas—medical-device makers, natural resource producers and S&P 500 companies (but with a twist). We like the first two, but we think the third is likely to underperform its “plain vanilla” counterpart.
Meanwhile, the Supplement on page… Read More

Good quarter for this new firm

GE HEALTHCARE TECHNOLOGIES INC. $74 is a buy. The company (Nasdaq symbol GEHC; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 455.2 million; Market cap: $33.7 billion; Price-to-sales ratio: 1.7; Dividend yield: 0.2%; TSINetwork Rating: Average; www.gehealthcare.com) took its current form in January 2023 when former parent company General… Read More