General Electric: Profits Count More Than Tech Headlines
July 20, 2016 at 11:11 AM EDT
Shares of General Electric ( GE ) have been soaring as the company positions itself as a pseudo-tech company thanks to partnerships with Microsoft ( MSFT ) and Huawei . JPMorgan's C. Stephen Tusa and team don't think these initiatives will help much when it comes to General Electric's earnings release on Jul. 22 . They explain why: