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Buy Joy Global With Or Without General Electric
Long Investing Ideas from Seeking Alpha
Fri, 28 Sep 2012
By Qineqt : Presentations of different mining manufacturers in MINExpo this year gave a confused outlook for mining markets, as some companies like Caterpillar ( CAT ) were bearish on the industry, while others like General Electric ( GE ) were bullish , considering the current slowdown as a ...
The near-term outlook for GE is good, but investors should wait for a bigger margin of safety in the shares before jumping in, says Morningstar's Daniel Holland.
With industrial orders rising, stabilization at GECapital , and dispositions of non-core assets complete, GeneralElectric is on track for a solid few years of results, says Morningstar's Daniel Holland.