For a solid famed American company, the current share price of General Electric is quite low, especially given it’s on the verge of ambitious green energy plans backed by the Biden administration.
In my estimation this is a good time to ride the first major green energy wave. And what a wonderful, innovative new branch of industry to invest in.
This moment fits the classic profile of when to buy a stock. The price is low, the potential is highly anticipated, and so it’s low risk with forecasted gains.
Of course there are always different opinions floating around. Personally I feel great about investing in GE because of the combined positive factors, including my enthusiasm about their new direction.