3 Reasons to Avoid General Electric Stock Right Now
For the sixth time this year, the stock price of beaten-down conglomerate General Electric (NYSE: GE) has dropped below $7 per share, near its all-time low. Investors who enjoy sniffing out bargains are probably wondering if it's a good time to buy.
The short answer? No.
The longer answer? While some of the company's valuation metrics have slipped to all-time lows, there are good reasons for that. Here's why investors should avoid GE stock right now.
Source Fool.com
