GE Stock Is Only for the Long-Term Investor
Wall Street's most vociferous General Electric bear, J.P. Morgan's Steve Tusa, recently withdrew his $5 price target and declared he was more negative on the stock, citing free cash flow concerns. It would be a mistake to ignore Tusa and his concerns, because the highly-rated analyst has been an accurate forecaster on GE in recent years. In this context, let's take a look at what you need to know around GE's cash flow before buying GE stock.
If you buy GE stock, you'd better be prepared to be patient. There isn't a strong case for buying GE in terms of its 2020 earnings and cash flow -- or even what the business will look like in one year's time.
Source Fool.com
