Morgan Stanley on GE: ‘Not Just About Credit Anymore’

Associated Press

With the onset of the financial crisis, investors sensibly zeroed in on General Electric’s financial services unit, GE Capital, which had ballooned to nearly half GE’s earnings just before the earthquake hit Wall Street. Credit losses at GE Capital, and concerns about how many more were still to come, drove the company’s shares to 17-year lows earlier this year.

Now, Morgan Stanley analysts say GE’s stock story is changing “and we think manySource: MarketBeat RSS Feed