General Electric (GE -1.2%) may look attractive on the surface, with its industrial and capital services units both poised for cyclical gains should the economy kick into gear. However, the mega-conglomerate is a unique financial-industrial hybrid, says Morgan Stanley's Nigel Coe, and if you back out GE Capital from the numbers, you'll find that both units are actually trading at a large premium to comps., and with a little pricing competition, the company could face serious headwinds.
General Electric (GE -1.2%) may look attractive on the surface, with its industrial and capital...
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Symbol | Last Price | % Chg |
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GE | - | - |
General Electric Company |