General Electric: Buy and Hold
April 25, 2008
General Electric (NYSE: GE), one of the largest and most respected companies in the world, has seen its shares drop nearly 24% from its 52-week high of $42. In April alone, shares dropped from $38 to $32, a 16% decline precipitated primarily by continued weakness in the financial markets. GE’s Q1 2008 earnings, announced on April 11th, came in below both analyst and management expectations, missing the mark by nearly 14%. Read more »
Doomsday ETF: Buffett’s Biotech Bet
April 17, 2008
According to a recent Yahoo! Finance TechTicker video and article, Warren Buffet and George Soros are making large bets in Healthcare and Biotech companies. Large stakes have been taken in Glaxosmithkline, Sanofi-Aventis, and Johnson & Johnson, to name a few. Read more »
