""I don't want to talk against my [investment], but I don't know how it's possible anyone thinks it should be worth $20," Cramer on Monday. "There's just a lot that's wrong." It should be "a 17 times earnings" stock, he added. GE said it now sees adjusted earnings for the year ahead of between $1 per share and $1.07 per share.
Cramer also calls GE's forecast of free cash flow between $6 billion and $7 billion "suspect," adding some analysts were skeptical. If new Chairman and CEO John Flannery "is approaching this pretty vigorously, why not just lower it [even further] if that's the case?" he asked."
Submitted November 13, 2017 at 11:05AM by dvdmovie1 http://ift.tt/2mmwvNe
