Is GE Stock a Buy After a $24 Billion Cash Injection?
April 07, 2021 at 12:45 PM EDT
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 .