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6 pts

Opinion on  General Electric Company (GE)     Sector: Conglomerates  >  Industry: Conglomerates
Bullish on GE ...

May 16, 2008 05:00 AM UTC
Return Risk
-3.10% LOW
Analyst
This pick is about:   GE
Rating:   Positive   $32.1 (05/16/08)
Closed:   06/26/2008 @ $26.53 (-17.35% in 41 days)

 Josh Wolfe is best known for his industry-leading expertise in nanotechnology and likewise his focus is often on small, emerging growth companies.

But ironically, one of his core 'buys' is a company that ranks among the biggest of the big: General Electric (NYSE: GE). In his Forbes/Wolfe Emerging Tech Report he looks at GE and its leading role in "green" technology.

"General Electric disappointed investors when its quarterly earnings recently fell for the first time in 5 years. Profits fell 5.8% to $4.3 billion and revenues rose 8% to $42.2 billion, short of the expected $44 billion.

"Moreover, GE reduced its 2008 annual earnings forecast, citing seizure of credit markets for struggling operations in its consumer and commercial finance divisions.

"Think Global, the Norwegian electric carmaker in which GE holds a stake, formed a joint-venture with venture firms Kleine

...




SocialPicks Sentiment on GE:

General Electric Company (GE)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
65.5%
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36.0%


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