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3 Reasons to Avoid General Electric Stock Right Now

3 Reasons to Avoid General Electric Stock Right Now

For the sixth time this year, the stock price of beaten-down conglomerate General Electric (NYSE: GE) has dropped below $7 per share, near its all-time low. Investors who enjoy sniffing out bargains are probably wondering if it's a good time to buy. While some of the company's valuation metrics have slipped to all-time lows, there are good reasons for that.