Monday, February 4, 2008

The Motley Fool - Dueling Fools: GE Bull

Dueling Fools: GE Bull
Normally, forecasts of 10% earnings growth -- such as the one made recently by General Electric (NYSE: GE) -- wouldn't cause a celebration. But in such volatile times, GE's stable and sturdy earnings should provide support for the stock and lead the shares down a bullish path by year's end. First, a little background. GE has historically commanded a 20% premium to the S&P 500. At its current price, though, it is selling for only around 14 times its 2008 estimated per-share earnings -- a slight discount to the S&P 500...

0 comments: