Sunday, February 12, 2017

Time to Panic Over General Electric Company Stock?

Another quarter and another revenue disappointment from General Electric Company In other words, the company is starting 2017 in the way it left 2016: executing solidly, but missing revenue estimates while finding ways to meet earnings guidance from non-core sources. As you can see in the chart below, it's not enough of a formula to convince investors, and the stock price has notably underperformed the S&P 500 and its peers. What's going on, and is it reason to panic?

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