What's Behind GE's Bond-Selling?
Why is General Electric (NYS: GE) selling $7 billion in bonds? Fool.com analyst Brendan Byrnes answers this question in the video above, explaining why this move actually makes perfect sense for GE in terms of today's low interest rate environment and the company's offshore cash holdings. Click play for all of the details.
Despite GE shares gaining 55% in the past year, Brendan comments that the stock is still attractive -- and an especially good option for dividend investors looking for some diversification. After all, the conglomerate covers just about every sector and every corner of the world. That's why we've created a premium report on General Electric in which our senior industrials analyst breaks down GE's multiple businesses, providing comprehensive coverage on all vital aspects of this company for investors. To access your copy of the report, simply click here now and start reading today.
The article What's Behind GE's Bond-Selling? originally appeared on Fool.com.Andrew Tonner owns shares of Apple. Brendan Byrnes owns shares of Apple and United Technologies. The Motley Fool owns shares of Apple and General Electric. Motley Fool newsletter services recommend 3M and Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.