Andrew Obin

Although General Electric Company’s (NYSE: GE) Capital Aviation Services segment, while not immune to COVID-19 headwinds, has a strong and resilient business model, according to BofA Securities. The General Electric Analyst: BofA’s Andrew Obin maintained a Buy rating on ...

It’s been another difficult year for General Electric Company (NYSE: GE) investors, with the stock down another 40.7% year to date to under $7. One Wall Street analyst said GE’s 2020 sell-off is a buying opportunity for long-term investors, but they should keep their near-term free cash...

General Electric Company (NYSE: GE) reported first-quarter earnings Wednesday that fell short of Street expectations. Although the coronavirus pandemic affected the quarterly results and has impaired visibility, the company's steps to strengthen the balance sheet are encouraging, according...

Seven months after Bernie Madoff whistleblower Harry Markopolos said General Electric Company (NYSE: GE) would not survive the next U.S. recession, the coronavirus (COVID-19) pandemic has provided a chance to test that thesis. The GE Allegations Back in August 2019, Markopolos released a 175-page...

On Wednesday, General Electric Company (NYSE: GE) held an investor call to update shareholders on its financial outlook. GE management said the coronavirus outbreak will reduce first-quarter industrial free cash flow by between $300 million and $500 million and operating income by between $200...

A strong start to 2020 for General Electric Company (NYSE: GE) ran out of steam in February thanks to the coronavirus. However, there are several key themes in GE’s recent 10K filing that suggest the GE rally could resume. The GE Analyst Bank of America analyst Andrew Obin reiterated his Buy...

General Electric Company (NYSE: GE) shares gained 9% on Wednesday morning following a big fourth-quarter earnings report, and the industrial giant got its second major upgrade in a week following the report. The Analyst Bank of America analyst Andrew Obin upgraded GE from Neutral to Buy and raised...

Boeing Co (NYSE: BA) shares are down 4% this week on reports the company has been telling customers its 737 Max likely won’t be cleared to fly until June or July, months later than it had previously expected. While the latest 737 Max delay is bad news for Boeing investors, one analyst said...

General Electric Company (NYSE: GE) held a GE Healthcare investor day event this week. One analyst in attendance said Tuesday that Healthcare should be a stable source of free cash flow for GE as it executes its turnaround strategy, but the GE bull case still hinges on Power. The Analyst Bank of...

General Electric Co (NYSE: GE) stock initially took a big hit last week following accusations of rampant fraud by former Bernie Madoff whistleblower Harry Markopolos, but one analyst says the allegations seem a bit underwhelming upon closer inspection. The Analyst Bank of America analyst Andrew...

The U.S. non-residential construction sector seems poised for continued growth through 2020. This is particularly true for the institutional segment, and Ingersoll-Rand PLC (NYSE: IR) is more levered to institutional spending, according to Bank of America Merrill Lynch. The Analyst BofA’s...

General Electric Company (NYSE: GE) investors weren’t impressed by CEO Larry Culp’s pledge for transparency on Thursday, sending the stock lower on Friday. GE released updated financial guidance Thursday, calling for 2019 EPS of between 50 cents and 60 cents, below consensus estimates...

Allegion PLC (NYSE: ALLE) hosted its analyst day Tuesday with senior management presentations led by CEO David Petratis. The key takeaway from the meetings is that the company continues to focus on increasing its presence in electronics and expanding its channel presence, according to Bank of...

Wall Street is having trouble seeing the light when it comes to a turnaround for General Electric Co. (NYSE: GE)'s weak Power business. Powering Down Analysts said GE's Tuesday announcement of more coming financial woes in 2019 was worse than expected and the notion that the Power...