Video: General Electric Is One of the Best Dow Stocks So Far in 2018
General Electric was the worst performing stock in the Dow Jones industrial average in 2017, but is among the best Dow stocks in 2018.
General Electric (GE) - Get Report was the worst performing stock in the Dow Jones industrial average in 2017.
The stock plunged some 40% and the company suffered from some ill-timed acquisitions.
CEO Jeff Immelt was replaced by John Flannery who is now tasked with turning around the company.
But so far this year, the stock is among the best performing Dow stocks.
The stock is rising along with the broader market. GE has plenty of exposure to the oil sector, and oil prices have been rising in 2018. That's one reason the stock is up.
GE reports earnings on January 24 -- investors will be looking for more details on Flannery's plan. GE is a holding of Jim Cramer's charitable trust, Action Alerts PLUS.
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