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General Electric was once known as the company that brings good things to life—but so far this century, holding shares of the conglomerate has been a portfolio killer.
That all may soon change, according to Barron’s senior writer Al Root.
His take:
General Electric
‘s (ticker: GE) plans to split into three companies—with one division focused on aviation, one on healthcare, and one on energy—represent a buying opportunity for investors.
That assertion goes against conventional thinking: Breakups are tough to execute—and while companies may be worth more when they’ve split up, investors are often skittish about parking their money in stocks that are undergoing rapid changes.
