There is no such thing as safe stocks. If your strategy is based on an old axiom, you're in trouble. A companies past successes has zero bearing on the stocks future results.
Reversion to the mean my friends,
P. Franklin, Jr.
May 12th, 2017
* I have no position, long or short, in GE at this time.
All opinions and estimates included in this communication constitute the author’s judgment as of the date of this report and are subject to change without notice. This communication is for informational purposes only. It is not intended as an offer or solicitation with respect to the purchase or sale of any security. This information is subject to change at any time, based on market and other conditions. Any forward looking statements are just opinions – not a statement of fact.
Investing may involve risk including loss of principal. Investment returns, particularly over shorter time periods are highly dependent on trends in the various investment markets. Past performance does not guarantee future results.