Reports of GE's death are greatly exaggerated and the stock is going up, according to one trader

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Matt Maley of Miller Tabak and Michael Bapis of Vios Advisors take contrarian views on General Electric after J.P. Morgan issued a warning on the stock ahead of its earnings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How are they going to steal your stock cheap if they don't exaggerate a little?

It's because everything goes up in this market. It doesn't have to make sense. ;)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A Partnership With GE Means This Aerospace Stock Could Soar, Investment Manager SaysFrance’s Safran is attractive because of its jet-engine venture with the U.S. firm. Also looking good: Hexcel, Linde, Alphabet, Takeda Pharmaceutical, and a soon-to-be-broken-up DowDuPont.
Source: MarketWatch - 🏆 3. / 97 Read more »

Nvidia, Boeing and GE are all good buys for different reasons: Wall Street's 'dean of valuation'Nvidia, Boeing and GE are all good buys for different reasons, Wall Street's 'dean of valuation' says
Source: CNBC - 🏆 12. / 72 Read more »

Watch out for an 'unfavorable' GE earnings report, JP Morgan's Tusa warnsGeneral Electric's upcoming earnings report will likely be 'unfavorable' for the stock after its recent run up, J.P. Morgan said on Tuesday. THIS GUY TUSA IS GETTING RIDICULOUS $GE
Source: CNBC - 🏆 12. / 72 Read more »

GE headed lower because key aviation business is worth less than believed, analyst saysGeneral Electric may yet sell its valuable aviation financing and leasing business, GE Capital Aviation Services, as the embattled conglomerate looks at ways to boost its fallen value. LOL $GE THEY OWN ALMOST 2,000 AIRCRAFT - AND GENERAL EECTRIC IS MORE THAN JUST THE JET LEASING BUSINESS - THEY ARE DOING BILLION $ DEALS EVERYDAY THESE ANALYSTS ARE NOT THINKING NOR ADDING CORRECTLY - GE IS WORTH 20$ A SHARE I CHALLANGE ANY ANALYST TO GO ON WITH ME UR WRONG $GE THE FACT THEY ARE SELLING NO CORE ASSETS AND PAYING DOWN DEBT - SPINNING OFF THE WORLDS PREMIER HEALTHCARE COMPANY ETC - IS EXACTLY WHYT THIS IS CHEAP AND LETS FORGET ABOUT THE DAILY BILLION DOLLAR DEALS THEY DO.. What? You mean it's hard to properly value the assets of a stale bureaucratic conglomerate clusterfuck? But the market loves conglomerate clusterfucks with a cloudy risk profile!! $AAPL, $AMZN, $FB, $GOOGL are the same shit as GE except that they have more modern logos...
Source: CNBC - 🏆 12. / 72 Read more »