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The top analyst covering GE says there isn't a good reason for the stock's comeback

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GE’s recent stock run up has been “a show about nothing,” J.P. Morgan’s Stephen Tusa said Thursday.

 

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He is frustrated because GE is not going down despite his repeated calls and now his clients are stuck unable to cover their short positions.

Nothing matters and what if it did? - great philosopher John Cougar Mellencamp

All the stocks run up the past month has been a show about nothing

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The top analyst covering GE believes there isn't a good reason for the stock's comebackGeneral Electric shares are up more than 16 percent to begin the year but Wall Street's top analyst on the stock told investors Thursday that this run has been 'a show about nothing.'
Source: CNBC - 🏆 12. / 72 Read more »