3 Blue-Chip Stocks at 52-Week Lows: Bargains or Busts?
Even blue-chip stocks can get the blues.
Three stocks of large companies that have been around a long time recently hit 52-week lows. Ford (NYSE: F), General Electric (NYSE: GE), and International Business Machines (NYSE: IBM) are struggling, but for different reasons. And they're doing so at the same time the overall market indexes have set new record highs.
With their depressed share prices, are Ford, General Electric (GE), and International Business Machines (IBM) now bargains? Or are they busts?
Source: Fool.com
General Electric Co. Stock
With 34 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 164 € there is a slightly positive potential of 7.54% for General Electric Co. compared to the current price of 152.5 €.