Now's the Time to Buy These Stocks
The efficient market hypothesis works, but only if your timescale is infinite. Truncate your view to any other period of -- or moment in -- time and you're bound to be scratching your head at the method and madness of Mr. Market.
Method and madness it is indeed, as demonstrated by Universal Display Corporation (NASDAQ: OLED) and General Electric Company (NYSE: GE). The former is at all-time highs and valued well above its performance to date, but that's because investors are very optimistic about its future. The latter is being punished for not moving quickly enough with its transition to a digital industrial company, or in other words, it's being punished because investors are too impatient.
They may embody two distinctly different moods from Mr. Market, but now is the time to buy both stocks. Here's why.
Source: Fool.com
General Electric Co. Stock
Currently there is a rather positive sentiment for General Electric Co. with 43 Buy predictions and 5 Sell predictions.
On the other hand, the target price of 305 € is below the current price of 327.2 € for General Electric Co., so the potential is actually -6.78%.
