General Electric (GE) Continues Winning Ways, Erases Year's Share Losses
Get Alerts GE Hot Sheet
Price: $321.02 +0.56%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +19.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +19.9%
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General Electric Co. (NYSE: GE) is continuing its recent winning ways today, as one of the most significant reversals of sentiment plays out. The stock is up another 4% today, erasing all of this years share loss.
GE started the year at $15.61, sank down to $5.87, and now has re-traced to $16.65. A call that GE is a $2 stock from long-time bear Charles Ortel in July may have marked a true bottom in the stock.
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