The definition of a conglomerate, GE offers everything from light bulbs to power plants, jet engines to water processing, financial services to 30 Rock.
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Own this with real money for a good long time. Originally at $29 and then bought again at $9.00. I'm ready to add again to the position. I believe they have resolved the lion share of their issue...GE CAPITAL mortgage lending issues. The rest of the business is looking good to me. Dividend increases pay me as I go a yield over 3.5%; I believe the stock price will also continue to rise.