Time to Get Greedy With General Electric Stock
Warren Buffett famously said, "Be greedy when others are fearful and fearful when others are greedy."
That advice may not always to lead to wise investments, but it underscores a core truth of investing: In order to find a stock that will outperform the market, you have to see value where others don't.
One stock that the market is undeniably fearful of these days is General Electric (NYSE: GE). Shares of GE plunged 13% last week following an awful third-quarter earnings report, giving it its worst weekly performance since at least the financial crisis.
Source: Fool.com
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