General Electric Company (NYSE:GE)
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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Rediscovering them selves as one of best industrial companies of the last 100 plus years.good div, good CEO. no longer as dependant on defense for thier profilts.
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Just a guess. What's happening in China.
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GE will outperform the market because they're not paying income tax and should have a tax carried forward.
They are also producing oversea! sob's!
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If was not their Reverse Engine Turbines on those 911 Planes.....whose where they?
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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.
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Here's the video pitch:
http://www.fool.com/investing/general/2012/02/06/5-year-outlook-for-this-dow-stock-ge.aspx
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Another great company selling too cheap. I believe GE will soar.
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Diverse industrial business with own financial arm. Increasing dividend and global reach. Strong research division keeps company at forefront of technology.
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As GE gradually reduces its problem real estate loans, which will take time, it's PE multiple should increase. Ge once traded at a premium to the S&P multiple, but its financial services problems brought it down closer to a bank's multiple.
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GE is too big to fail...
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With an improving balance sheet in GE Capital, GE will continue to recover over the next 5 years. The growing dividend will continue to benefit investors as it currently yields over 3.5%. GE has its hands in everything, so any cyclical downturn that may occur is offset by a different product line. Simply purchasing GE stock gives an invest a fully diversified portfolio.
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They hit a rough patch last year and were forced to reduce dividends, but have, for the most part, been a very stable company with consistent yield. The stock should rebound with the economy.
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With Ge Capitol going to pay a div, solid buy
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Core manufacturer of capital investment goods. Plus, world's largest manufacturer. Suck it, China!!!
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As THE definition of a conglomerate, GE is so diverse it can only hope to match the market.
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GE Capital is improving quickly while the rest of GE is solid. GE will be once again a DOW positive mover.
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Another solid company with strong earning potential.
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