|Day's Range||41.48 - 42.00|
|52 Week Range||40.12 - 58.78|
|PE Ratio (TTM)||-10.63|
|Dividend & Yield||0.72 (1.73%)|
|1y Target Est||N/A|
General Electric Company (NYSE:GE) requires patience, plain and simple. General Electric is now down about 13% year-to-date, versus a nearly 9% rise in the S&P 500 index. GE shares are up almost 4% higher than when I last recommended the stock, climbing on news that Jeff Immelt is no longer the CEO after more than 16 years at the helm.
The trajectory of U.S. oil production may further upset the balance of global crude supply and demand, sending commodity prices plummeting once again, one firm argues.
The Zacks Analyst Blog Highlights: Baker Hughes, Schlumberger, Halliburton, Weatherford International and Apache