Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

GE Healthcare, a division of General Electric Company (GE - Analyst Report), is planning a $2 billion-worth investment over the next five years in software development. GE Healthcare, in collaboration with GE Software Center of Excellence, will develop new software solutions for better diagnosis and improved care.

This investment by GE Healthcare is focused on advancing current and future technology offerings through the convergence of machine and intelligent data known as the Industrial Internet. GE will be providing data, analytics, connectivity and insight into operational and departmental processes and workflows.

Healthcare organizations face productivity challenges and this investment aims to be a solution for those problems. With this investment, the company will be able to improve hospital operations, resort to better clinical effectiveness and optimize care across entire populations. This will further help in reduction of costs by optimizing the work flow and being more organized with payment cycles; thus making patient information universally accessible.

GE Healthcare offers a broad portfolio of products and services that redefine patient care. The company has a proven expertise in diverse healthcare segments such as medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions.

General Electric is one of the most diversified technologies and financial service corporations in the world. Its segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital.

General Electric currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look now are Compass Diversified Holdings (CODI - Snapshot Report), Hutchison Whampoa Ltd (HUWHY) and ITTCorporation (ITT - Analyst Report) each carrying a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%