Monday, 25 June 2012

15.General Electric

General Electric
General Electric
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MOST ADMIRED
Top 50 rank: 15
Rank in Electronics: 1
(Previous rank: 1)
Overall score: 6.82
Ticker: GE
Why it's admired:
GE continues to struggle through the challenges that hit during the recession. During the fourth quarter of 2011, profit increased to 39 cents per-share, which beat analyst expectations.

The company is making strides towards tightening its financials, but still needs to push more products. Revenue in the fourth quarter of 2011 dropped 8% to $38 billion. On the other hand, the company's industrial order backlog grew to $200 billion, the largest backlog in GE history. CEO Jeff Immelt still holds tremendous clout as its leader, implementing his plan to slowly steer the giant corporation away from finance and back to manufacturing.

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