[Benjamin]

General Electric is the ‘ultimate show-me’ industrials stock, strategist warns
PUBLISHED FRI, JAN 24 2020,
https://www.cnbc.com/2020/01/24/ge-i...ist-warns.html

Zitat daraus:

General Electric shares have raced nearly 30% higher during the past three months, topping the XLI industrials ETF over that stretch, as its turnaround efforts take root.

John Petrides, portfolio manager at Tocqueville Asset Management, needs more proof before he has faith in a comeback.

“GE is the ultimate show-me story, and we’re beyond hope. Hope was when [CEO] Larry Culp took over and now we’re in the ‘can they execute?’ [stage], and they need to do it over a series of quarters. If you’re getting on the GE bus at this point, you’re doing it for the long term, not for a quarterly move, and I think we need to see more time for this to play out to be convinced,” Petrides said Thursday on CNBC’s “Trading Nation.”

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Imo: Länger abwärts nach dieser EW-Interpretation