Gehc stock price correlation analysis shows that gehc

Correlation analysis shows that gehc stock price movements increasingly diverge from GE’s main stock, underlining its growing independence as a pure-play healthcare entity. For this article, we compiled a list of 12 stocks with the biggest gains over the past 2 years that were mentioned by Jim Cramer during his episode of Mad Money on October 10. We listed the stocks in ascending order of their hedge fund sentiment as of the second quarter, which was taken from Insider Monkey’s database of more than 900 hedge funds. We can better understand Medical Devices & Supplies - Imaging, Diagnostics companies by analyzing their organic revenue. This metric gives visibility into GE HealthCare’s core business because it excludes one-time events such as mergers, acquisitions, and divestitures along with foreign currency fluctuations - non-fundamental factors that can manipulate the income statement. Trading volume in GEHC has been 15% above the 20-day average, signaling heightened investor interest as the gehc stock price approaches key quarterly earnings.