General Electric Co. (GE) stock starts showing strength after a month's gap

General Electric Co. (NYSE: GE) started showing strength on Friday after a gap of close to a month, as the General Electric Co. (GE) stock soared by 7% by mid-day trades to $15.01.

General Electric Co. (GE) stock, which has breached past its 200 days moving average in the process, may test resistance at higher level of $15.85.

General Electric Co. (GE) stock has moved up after two equity research houses upgraded the stock to 'outperformer' in wake of possible divestures of non core business that may follow from General Electric Co. (GE).