General Electric (GE) has continued to widely underperform the Dow Jones Industrial Average in 2018. The industrial energy company continues to disappoint on multiple fronts, and more downside is likely in case the U.S. and China continue to escalate their tariff threats. Though I am optimistic that GE can turn around its industrial core business and improve free cash flow, investors need to be prepared for more downside.
General Electric was not a good investment in 2017, we all know this. The energy company saw its free cash flow drop sharply as GE's industrial core business disappointed, especially the power division, and ultimately threw in the towel when it slashed its dividend in half in order to conserve cash in late 2017. The problems didn't stop there, though.
