Why Is Everyone Talking About General Electric Stock?
General Electric (NYSE: GE) stock is sitting in the middle of a battleground of bulls and bears. The bears point out that the stock is up less than 12% compared to the near 50% gain in the S&P 500 since October 2018, when Larry Culp took over as GE's CEO. Alternatively, the bulls argue that GE has been hit by a unique set of circumstances, including the impact of the pandemic on its aviation-related sales. However, it's now well-positioned to grow earnings and free cash flow in the coming years. Let's take a closer look at the debate.
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The bear case against the industrial company has three central arguments behind it:
Source Fool.com
