Is Now The Time To Buy Into GE Stock?

Filed under: Earnings Reports, Industry, General Electric (GE)

General Electric Company (GE) was the big earnings reporter today. Its results unfortunately failed in the eyes of investors. You may or may not agree with the reaction to the stock, but for now, shares of GE are being punished. At the time of this writing, in afternoon trading, the company was down 3.4%. The more compelling news is the volume: it's way above average. Does this mean you should liquidate your holding in the conglomerate immediately?

I've made mistakes trading GE in the past, I should admit upfront, but I own a long-term position, and I have to say I have no desire based on current data to get rid of it.

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Is Now The Time To Buy Into GE Stock? originally appeared on BloggingStocks on Fri, 16 Apr 2010 18:00:00 EST. Please see our terms for use of feeds.

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