Here are a list of stocks that should be on your trading radar tomorrow. These companies are set to announce earnings tomorrow and Wall Street will be paying close attention to their earnings reports tomorrow. Here are 3 stocks that will help the market continue its bullish run or lead to a pullback on the Dow or S&P 500. [Read more...]
General Electric Stock Analysis
July 23, 2010 By Leave a Comment
General Electric (NYSE: GE) has been dead money for some time now. The stock is down nearly $40 and down 72.5% over the last 10 years. The company finally reported positive quarterly earnings after two and a half years of declining earnings. The company earned $3.3 billion dollars (30 cents per share) as second quarter earnings increased 15%.
During the most recent conference call, CEO Jeff Immelt noted that “Equipment orders increased 17%, including 20% growth in the Energy Infrastructure segment and 14% at Technology Infrastructure. Oil & Gas and Healthcare orders were particular bright spots and helped hold total company orders backlog roughly flat, excluding the impact of foreign exchange.”
