Filed under: International markets, General Electric (GE), Newsletters, Stocks to Buy, Green Stocks
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.
"'Green' has become
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$31.91 (05/20/08)
