"From a risk-reward basis, if I want to play beta, I'm going to buy capital markets, I'm going to buy semiconductors, I'm going to buy capital goods, probably more mid-cap industrial rather than GE to play that. I think that those areas offer a much more attractive risk-reward," said Wald.
Quint Tatro, president of Joule Financial, is also wary of the bounce in GE and sees better opportunity elsewhere. "The easy money there has been made, and I wouldn't even call it 'easy money,' because who would have known when it was going to happen, but it's happened, and I think now going forward, you have to really be careful in looking at a name like this and thinking that it's just off to the races," Tatro said during the same "Trading Nation" segment.
anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy
enoch_tinga
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GE has nearly halved its U.S. workforce in 3 years, with more job cuts likelyGeneral Electric Co. stock is certainly in recovery mode, as it has more than doubled off its 2020 lows, but part of those gains have come at the expense of... cc SenSanders DickDurbin USTechWorkers WCWOA AmWorkCo and this firm hired 10s of 1000s of H-1B, L-1, B-1, OPT & H-4 last 10+ yrs while laying off US workers (typically over 35/40 yrs old). I worked for a division of GE after a purchase several years ago. Usually I’m proud to work for a company But when I see the GE meatball on the refrigerator, lightbulb, or something else I have like a remote control, I cringe. More people without a job. A happy message? For no one, except for your shareholders, the wealthier part of the population.
Source: MarketWatch - 🏆 3. / 97 Read more »
Jeff Immelt: 'I'm wholly unhappy' with story around my tenure as GE chief executiveJeff Immelt told CNBC on Monday the perception of his time as CEO of General Electric has been unfair and incomplete. What kind of story is this? You're going to publish every unhappy person who doesn't like a news story? OR is it because GE own NBC? FFS. Tldr; - News channel publishes story about it's boss being unhappy with other news channels coverage of him. 'Dont judge me by my results' What a fool.
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GE nears deal to combine aircraft-leasing unit with AerCap: WSJGeneral Electric Co is nearing a $30 billion-plus deal to combine its aircraft-leasing business with Ireland's AerCap Holdings NV, the Wall Street Journal reported on Sunday citing people familiar with the matter. *Cough* Monopoly For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him johnteddy63 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
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GE alleges Siemens Energy used stolen trade secrets to rig contract bidsGeneral Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totaling more than $1 billion, according to a lawsuit filed on Thursday... GE not being competitive enough. Only way out
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