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"The GE growth story, missing for over a decade, starts here," J.P. Morgan analyst Stephen Tusa...

  • Tuesday, September 18, 2012, 6:26 PM ET
    "The GE growth story, missing for over a decade, starts here," J.P. Morgan analyst Stephen Tusa gushes on GE’s oil and gas business after it won the world's biggest contract for subsea wellhead production. Oil and gas now makes up ~15% of GE's industrial sales, but Tusa says it eventually could be as important to the company as health care.
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  • And he raises his price target to $22, which is below the current price of the stock. Not very encouraging.
    18 Sep 2012, 09:55 PM Reply Like
  • Over the last 5 years GE has outperformed the DJIA.
    http://yhoo.it/NBIOg5;c=^DJI

    It held up better during the financial market melt down and consistently followed trends in the general market making it a good proxy for the DJIA.
    19 Sep 2012, 05:57 AM Reply Like
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