I am not a bit surprised that Leno is in trouble at NBC. Moving that format to 10P in the 21st century was foolish. It may have been okay in the 50s or 60s but that show was doomed the day that Jay Leno walked on to the stage.

Of course, it doesn’t help that Conan is a flop in the 11:30 time slot.

The executives that put this together should be fired. It should be the first thing that Comcast does now that they have control of the company from GE. Fire the buffoons that did this. Talk about destroying a valuable commodity! Warren Buffet says that you should only invest in companies that can be profitable even if idiots run them. I don’t know if I agree with that advice but I definitely don’t think you should invest in companies that are run by buffoons!

This must be why GE does so badly in my Confident Investor Rating – they simply do not know how to drive the value of their products.  Hopefully, Comcast will do better.

Company name General Electric Company
Stock ticker GE
Live stock price [stckqut]GE[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Good
Sales growth Fair
EPS growth Poor
P/E growth Poor
EBIT growth Poor
ANALYSIS
Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $11.25
Target stock price (averages with growth) $12.41
Target stock price (averages with no growth) $12.66
Target stock price (manual assumptions) $11.75

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.