1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Dodge & Cox Comments on General Electric

November 07, 2013 | About:

Consumers commonly associate General Electric (GE) with light bulbs and refrigerators. However, energy is also a major source of the company's earnings. General Electric is a leading provider of wind power, clean coal, natural gas turbines, solar, and nuclear fuel technologies. In addition, the company provides financing to energy companies around the globe through its GE Capital business segment. We have chosen not to invest in early-stage alternative energy companies that lack established business models and customer franchises, or are very reliant on new or unproven technologies becoming commercially successful in the future. General Electric, by contrast, offers us exposure to these fast growing areas in a diversified portfolio of leading businesses, which can partially offset the risks associated with the adoption of alternative energy technologies. We believe this company has the financial strength to fund new innovations out of existing cash flow, and the brand recognition, established distribution, and staying power that are critical for customer adoption of any long- term energy solutions.

From Dodge & Cox Funds' The Energy Sector commentary.


Rating: 2.7/5 (3 votes)

Comments

Please leave your comment:


GuruFocus has detected 4 Warning Signs with General Electric Co $GE.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by


User Generated Screeners


DANGORDONEPS GROWTH 1Y 5-29-17
DANGORDONEPS GROWTH 3Y 5-29-17
DANGORDONEPS GROWTH 10 Y 5-29-17
DANGORDONEPS GROWTH 5-29-17
DANGORDONEPS GROWTH 5-28-17
Jefulford2 P/Es under 10
HOLKLSUMini Group Low Shiller P/E
doonich5% within 52wk
JefulfordNegative EV
JefulfordP/graham <0.5
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK