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Is Ge Stock Still Good For Your Retirement Account?

by thestreet.com posted 10months ago 40 views
Click to view a price quote on GE. : The stock is down about 60% over the past 12 months and is lower by almost 80% since the start of 2017. The one who predicted it all? JPMorgan analyst Stephen Tusa, who recently upgraded the stock to hold from sell but maintained his $6 price target. That caused a temporary spike in GE, but shares are now down near $7, threatening to retest to the lows. Earnings, cash flow and a massively underfunded pension fund have many investors worried about the long-time industrial stalwart.

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