General Electric Company (GE) Loses Favor

Despite posting better-than-expected earnings, General Electrics (NYSE: GE) seems to have fallen foul of the analysts.

In an interview with CNBC, Frost & Sullivan Analyst Dilip Sarangan stated that GE is no longer a good investment. He said that he does not expect the stock to grow any further. He also stated that GE is lagging behind its peers and is not performing up to the mark. However, he said that the company’s industrial and energy segment is doing fairly well. Talking about GE’s sale of CNBC to Comcast (NASDAQ: CMCSA), he said that the sale is a good idea and that Comcast is likely to do a much better job than GE.