GeneralElectric is an American diversified multinational corporation founded in 1892 and headquartered in Boston, Massachusetts. The company specializes in electric power, aerospace, oil and gas, and medical devices. General Electric stock is currently one of the most traded and highest market capitalization stocks on the New York Stock Exchange. The unit of GE stock is the share, which allows it to be held by individual or institutional investors and is widely liquid.
General Electric's diversified businesses make it highly competitive and consistently profitable in the marketplace. In addition to its traditional power and aerospace sectors, the company continues to grow in high-tech areas such as digitization, the Internet of Things, and artificial intelligence, and is committed to being a leader in the industries of the future. By purchasing GE stock, investors have the opportunity to share in the company's achievements and stable cash flow, and reap even greater rewards in the future.
However, with the volatility of the global economy in recent years and the continued exposure of problems within the company, GE's stock price has experienced considerable volatility. One of the most influential of these issues was the company's expansion into financial services during the financial crisis, which led to high levels of debt and its own governance problems, leaving the company in serious decline. As a result, investors need to have a more comprehensive understanding and knowledge of the company's internal issues and market situation when buying GE stock.