But somehow nothing ever changes - when this article was written back in 2021, the financial analysts had a buy rating and the price per share was hovering around $10. Today it’s at $129, despite significant competition in all aspects of their business. Bill Gates can say he didn’t see it coming, but all that signals is business as usual - the giants of industry are so woven together they seldom see the train coming
GE isn’t up 1290% in 2-3 years; the split adjusted price was $70-90 during 2021.
GE’s all time high share price (split adjusted) is $377.68 on 8/28/2000. It has lost nearly two-thirds of its value in the past 23 years, and that doesn’t account for inflation.