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Stocks Are Overbought, so What? | WAYT
The Compound and Friends
General Electric Boom, Shock, a Lock
This is a storied stock that was removed from the Dow Jones industrial average in 2018. It's of 162%. The SP is of 51. And then year to date, this monster of a stock is of 60%. The S&P is up 14. And this stock is general electric boom, shock, a lock. Do you know any, or is there any reason? I honestly have no idea. Well, they have a really big energy business, which was like an anchor around their neck for a few years. They're in aerospace and maybe some of those end markets are returning to normal.
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