General Electric Risk/Reward: 20% Upside, 13% Downside
General Electric has been in a falling channel for the past 20 years, and is pushing up against the lower channel band @ $11.60. The stock is in turnaround model with ex-Danaher CEO Larry Culp now at the helm. The stock has 20% upside potential to $14, and 13% downside risk to $10, representing a favorable risk/reward set up. The stock should run into strong resistance at $14.