General Electric GE Stock Upgrade - September 2009

September 8, 2009 - Shares of General Electric Co. (GE) will be getting a nice bounce today after JP Morgan has upgraded the stock.

Price Target - $17

JP Morgan sees potential upside surprises and feels the risk reward at current levels is very attractive.

General Electric Co. (GE) has been fighting the 10 day moving average for several days last week but today the stock is set to open over this level. Keep an eye on the previous high of $14.88. When I see GE stock close over this level, I will jump in.

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