Interesting article about GE. A couple of points need examining.
Jeffery Immelt spent his time as a CEO cleaning up the results of GE being on steroids for years under Jack Welch. Clearly, it was not an easy process.
Technology stocks are taking it on the chin. WDC, MU, AMAT and NVDA are all down. It is interesting that once an influential analyst cuts their rating on a company in an industry, the scare becomes rampant.