HomeBusinessConsumer Services Industry & Stock NewsGeneral Electric (GE) Sees Impressive Run Up

General Electric (GE) Sees Impressive Run Up

BofA expects General Electric (GE) management to provide "reassuring commentary" on the 2Q earnings call. Alex Coffey and Jenny Horne discuss GE as BofA raised its price target to $120 from $108 and keeps its buy rating. Alex and Jenny talk about how GE is up 64% year-to-date and up 130% from its 52-week low. They note that this is an impressive run for GE. Alex then demonstrates an example trade using GE. The trade type is buy call vertical and the direction is bullish. Tune in to find out more about the stock market today.

Next Gen Investing

06 Jul 2023

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