I wouldn't touch General Electric stock with a 10-foot pole. But there are valuable lessons to be learned from the company's demise.
General Electric stock has been in a downward spiral for more than a year. An impending dividend cut is just more fuel to the dumpster fire.
The shares of this industrial company were recently upgraded to ‘Outperform’ by Bernstein. The shares have a current dividend yield of 3.23%, paid quarterly.
General Electric Corp. (GE)
From Argus Weekly Staff Report
BUY-rated General Electric Corp. (GE) is a leading blue-chip industrial company that we is...