General Electric (GE) reported Q2 2023 results Tuesday morning before the open. Investors liked what they heard. As a result, GE shares are up more than 4% midway through the morning session.
GE is one of those stocks I’ve pushed into the deep recesses of my mind to avoid hearing about its ongoing struggles to become relevant again. Since Larry Culp took over the industrial conglomerate in October 2018, it’s been a rollercoaster ride for shareholders, as the former Danaher (DHR) CEO tried every trick in the book to reignite GE’s share price.
