Why JPMorgan's Steve Tusa Thinks GE Shares Are Overvalued

The transcript discusses the financial and structural changes at GE, focusing on the spinoff of its healthcare unit and the implications for its stock price and dividend. It highlights the financial commitments already made, the expected dividend cut, and the valuation of GE's remaining businesses. The discussion also covers the company's structure, including its industrial and aerospace components, and the challenges it faces in terms of growth and cash generation.

What is the primary purpose of the $60 billion mentioned in the report?

• To acquire new businesses

• To increase shareholder dividends

• To de-risk and deleverage the company

• To expand GE's healthcare unit

How much lower is the dividend expected to be a year from now?

• 40% lower

• 20% lower

• 10% lower

• 30% lower

What is the estimated value of the healthcare company per share?

• $1 per share

• $7 per share

• $3 per share

• $5 per share

What technologies do gas turbines and aerospace engines share?

• Metals and coatings

• Software and AI

• Battery technology

• Nanotechnology

What is the expected growth outlook for GE in 2019?

• Negative growth

• Low growth

• Moderate growth

• High growth