General Electric
By Steve Abraham on Jul 09, 2007
General Electric reports earnings this Friday. I think the stock has an upward bias. This is not a volatile stock but I think can still be profitable. Looks like the stock is in an uptrend and is consolidating recently here. Earnings are expected to be $.52/Share on Friday. I think GE shares will break $40 if the bull market is going to continue. Back in the last bull market, GE was on of the leaders of the Dow but has yet to regain its luster.
This entry was posted on Monday, July 9th, 2007 at 11:47 am and is filed under Annotated Analysis.
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2 Responses to “General Electric”
By Greg Webber on December 24th, 2007 at 6:08 pm
WIzetrade shows easy conversions here. This is a go-getter.
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I agree. GE should be a steady climber for a while now that it’s starting to shake off it’s funk that hung over it for the past couple of years while it stayed under 37 for most of the time.