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Actionable news in GE: GENERAL ELECTRIC COMPANY,

Is GE Stock Finally Back From the Dead? Here's Why It Might Be

General Electric (GE - Get Report) stock has finally bounced back -- but will the long-awaited rebound continue?

Some analysts believe institutional investors could be big buyers of the stock, encouraged not only by the company's new business model but by the huge stake acquired recently by activist investor Nelson Pelz.

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Renewed confidence in the Fairfield, Conn.-based giant's industrial overhaul pushed shares up nearly 3% on Monday following a similar gain on Friday when the company reported better-than-expected earnings for the third quarter. The stock is now at a high for the year.

The spike follows a prolonged slump over the summer, in which shares skidded 18% from their April high, when CEO...


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