Singapore markets closed
  • Straits Times Index

    3,166.94
    -13.67 (-0.43%)
     
  • Nikkei

    27,283.59
    -498.83 (-1.80%)
     
  • Hang Seng

    25,961.03
    -354.29 (-1.35%)
     
  • FTSE 100

    7,032.30
    -46.12 (-0.65%)
     
  • BTC-USD

    41,486.31
    +55.29 (+0.13%)
     
  • CMC Crypto 200

    955.03
    +5.13 (+0.54%)
     
  • S&P 500

    4,395.26
    -23.89 (-0.54%)
     
  • Dow

    34,935.47
    -149.06 (-0.42%)
     
  • Nasdaq

    14,672.68
    -105.59 (-0.71%)
     
  • Gold

    1,812.50
    -18.70 (-1.02%)
     
  • Crude Oil

    73.81
    +0.19 (+0.26%)
     
  • 10-Yr Bond

    1.2390
    -0.0300 (-2.36%)
     
  • FTSE Bursa Malaysia

    1,494.60
    -18.33 (-1.21%)
     
  • Jakarta Composite Index

    6,070.04
    -50.69 (-0.83%)
     
  • PSE Index

    6,270.23
    -226.30 (-3.48%)
     

Do General Electric's Growth Plans Add Up?

·5-min read
Do General Electric's Growth Plans Add Up?

General Electric (NYSE: GE) CEO Larry Culp gave some investor presentations recently and what he said helped investors think about the investment opportunity over the long term. Indeed, Culp has referenced a figure of $7 billion as an initial target. Culp believes GE is on track to generate around $7 billion in FCF by 2023 due to a combination of revenue of $85 billion to $90 billion with a high-single-digit FCF margin.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting