In a recent article, I highlighted General Electric's (NYSE:GE) impressive Q3 2015 earnings results and described the fact that shares of this company were still a buy at $29. Since Nelson Peltz's Trian Fund announced its $2.55 billion stake in GE, shares of the conglomerate are up ~16%.

The question now is --are the long-term prospects already baked into the current stock price? The answer is no, and I will explain why below.

David Fuller's view

I bought General Electric Co (monthly & weekly) (est a little too early but the interest and involvement of Nelson Peltz has pushed my position into profit. 

For strictly personal reasons I hold GE in my spread-betting account and am long the December contract.  I view GE as at least a lengthy medium-term trade and intend to roll my positions forward when it expires on 15^th December.