Replies to post #228459 on Zeev's Turnips Patch-No Politics (ZEEV)

[bfenton]

Zeev,
Regarding MAGS - Do you have a possible top for this beast for the summer/fall high?? Can't day trade and don't want to chase....tooo much!

[marketmaven]

GE Profit Flat- What's to get excited about

BOSTON (Reuters) - General Electric Co.'s (NYSE:GE - News) first-quarter profit rose slightly on better industrial orders, but investors will have to wait until next year to see a return to double-digit earnings growth, the U.S. conglomerate said on Thursday. GE posted earnings of $3.24 billion, or 32 cents a share, for the first quarter, a penny above the average estimate among analysts polled by Reuters Research, a unit of Reuters Group Plc. Profit was up less than 1 percent from $3.21 billion, or 32 cents a share, before the effect of an accounting change a year earlier. Including the accounting change, the prior year's earnings were just shy of $3 billion, or 30 cents per share. First-quarter revenue rose 10 percent from a year earlier, to $33.4 billion from $30.5 billion. That topped estimates of $32.22 billion, according to Reuters Research.