General Electric (GE) Could See A "Sell-On-The-News" Reaction Today

Could General Electric Co. (NYSE: GE) see a "sell-on-the-news" reaction today? Shares of GE have ramped-up 16% already this week ahead today's meeting. On Monday, Goldman called the meeting a potential catalyst, and clearly it has already been without a word being said.

Goldman said while it does not expect any formal updates to GE's 2009 or 2010 earnings "framework," the meeting can nonetheless be a catalyst to refocus investor attention on the company's strong long-term organic growth prospects and core franchise in its industrial businesses.

With the stock at $17, it is nearing Goldman's $18 price target. Can the momentum continue?

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