Now's the Time to Buy These Stocks
The efficient market hypothesis works, but only if your timescale is infinite. Truncate your view to any other period of -- or moment in -- time and you're bound to be scratching your head at the method and madness of Mr. Market.
Method and madness it is indeed, as demonstrated by Universal Display Corporation (NASDAQ: OLED) and General Electric Company (NYSE: GE). The former is at all-time highs and valued well above its performance to date, but that's because investors are very optimistic about its future. The latter is being punished for not moving quickly enough with its transition to a digital industrial company, or in other words, it's being punished because investors are too impatient.
They may embody two distinctly different moods from Mr. Market, but now is the time to buy both stocks. Here's why.
Source: Fool.com
General Electric Co. Stock
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
As a result the target price of 167 € shows a slightly positive potential of 9.51% compared to the current price of 152.5 € for General Electric Co..
