Is GE Stock a Buy After a $24 Billion Cash Injection?
We see General Electric gaining some attention in recent weeks.
GE entered into a $30 billion agreement with AerCap to sell 54% of its aircraft leasing business.
In addition to 46% of the stock of AerCap, GE walks away with $24 billion in cash and about $1 billion in debt securities from AerCap.
The cash infusion is pushing many investors to ask whether they should buy GE stock. Let’s see…
Tags: Stocks to Buy
The post Is GE Stock a Buy After a $24 Billion Cash Injection? appeared first on Money Morning – We Make Investing Profitable.
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