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24/7 Wall St. » Blog Archive More Bad News Ahead for General Electric (NYSE: GE)

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Many investors have operated under the hope and belief that the worst has been seen at General Electric Co. (NYSE: GE). After all, its shares have been cut in half and then some, it’s already involved in a monumental restructuring and it has been booted out of the Dow Jones industrial average. Unfortunately for GE holders, there may be more bad times ahead, if a very negative analyst continues to be correct about the conglomerate. JPMorgan has been negative on GE for some time, and long before it was cool to be negative about Jeff Immelt’s plans. The research report also is not saying “enough is enough” here at all. JPMorgan’s Stephen Tusa said that the data points he has seen continue to support