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Sean HymanSean Hyman
Keymaster
Post count: 7046

All I can say is that GE is not as sound fundamentally as I’d like to see. It’s got a super high forward P/E and super high debt and they cut their dividend to almost nothing. https://finance.yahoo.com/quote/GE/key-statistics?p=GE

https://finance.yahoo.com/quote/GE?p=GE

That’s the bad. Now, what’s potentially “the good” is that it looks like its finally completed a multi-year a-b-c downtrend and has broken that to the upside. It could have some steep % pullbacks but overall could be in a new uptrend.

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