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-1 point   posted on 07/09/08
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31%
-12.13%
 risk: moderate

I think GE is good.


What do you think?

  Related to:  
GE General Electric Company
COMP NASDAQ Composite Index
SPX S&P 500


Comments (12)

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Canada
Yannis Maarten   80%     1 point   commented 512 days ago reply

G E is very good

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loneranger   38%     1 point   commented 510 days ago reply

it should be very interesting to see what happens with their earnings tomorrow also to see what they have to say about any more potential spin offs

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traderdrew   51%     1 point   commented 510 days ago reply

GE could be a great place here, they are looking to spin things off to create more value it could be like altria of a couple years ago

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Kbe_4-14
nextfundmanager   N/A     0 point   commented 509 days ago reply

As an American conglomerate this company has significant exposure to all sectors of business which means that when the economy turns around this thing should see a nice turnaround as well, if you are willing to hold until that happens you may be well rewarded

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Jpeg_sun4agk
Locationh   61%     1 point   commented 509 days ago reply

I agree GE at this level is great buy LT.

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loneranger   38%     1 point   commented 508 days ago reply

after hearing the GE earnings call I think they could be doing more to improve earnings power, maybe they did Welch back, hah.

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bigpainter   N/A     0 point   commented 507 days ago reply

GE is definitely a very good buy. It is a very old and reliable corporation. For the immediate long term this is a safe place.

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Cute596
M K   63%     1 point   commented 421 days ago reply

In the short run all stocks are volatile at this point. But if you have some time GE is as solid as anything out there right now.

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alephandtao   84%     1 point   commented 420 days ago reply

I'm inclined to agree that if GE collapses we will have regressed to hunting for food with pointed sticks.

Of course General Eclectic has a whole whack of companies that it owns and there could be some skeletons there that we don't know about, and remember the Enron problem with debts in lots of companies under a general umbrella.

Still, if Warren Buffett has faith in GE I expect there has been a high grade of due diligence.

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allstarinvestor   85%     1 point   commented 404 days ago reply

yea except he also has all the cash in the world and has to invest it sometime, not to mention he can afford to wait out a GE downturn

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dvance   N/A     1 point   commented 403 days ago reply

More then half sales are overseas ,may take a bit longer to recover but all things concidered should be a conerstone of ones portfolio.Sit back and collect dividens and stock price should increase at a steady pace .Do not think you will lose money or sleep with G.E..BB

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allstarinvestor   85%     1 point   commented 401 days ago reply

this thing wont fail and with the backing of the government you should be good in a while


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General Electric Company (GE)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
60.0%
Top:
9.5%

NASDAQ Composite Index (COMP)
   SocialPicks Sentiment:    N/A

   This Quarter's Sentiment:
All:
50.0%
Top:
50.0%




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