What could be crazier than a company posting robust, record numbers that is seeing its shares trading for less than they did eight years ago?
The semiconductor sector surge could send some standby industrial stocks higher with it.
GE will take months and months to build out a proper base that can support a sustained move.
GE shares initially were down after releasing its outlook but regained that lost ground before the open.
Textron has come off its lows.
GE could move up relatively easily until the $11.50 area.
It takes time for a large corporation to make a turnaround. Things do not happen overnight.
It always pays to see if anything has changed.
GE joined the Dow Jones Industrial Average back in 1896 but was recently removed. So it got us thinking about this historical company and how it has affected every aspect of our lives. Watch now!
General Electric is making some major changes.