3 Underreported Issues That Could Hurt GE Stock
It took less than 20 years for GE (NYSE: GE) to go from having the world's largest market cap to fighting for its life. Larry Culp, who took over as CEO in 2018, has made an effort to resolve these issues. A rising stock price over the last few months shows that he is gradually winning the confidence of investors.
However, massive debt levels and continuing losses led to fears that the company would not survive. Moreover, the financial press has discussed extensively issues such as cash flow and troubled divisions like GE Power. Still, with these three unexpected challenges, investors need to take a cautious approach with GE stock.
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Source Fool.com