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8 pts

Opinion on  General Electric Company (GE)     Sector: Conglomerates  >  Industry: Conglomerates
GE is nice here!

May 22, 2008 02:37 PM GMT
Newe14
Return Risk
-13.96% MID
Sr. Analyst

Everyone knows that GE's stock has been flatlined for the

past 5years, but the stock is under a 15p.e. and paying a 4%

dividend. If they can manage to sell some of its

underperforming assets at a decent price and plow into higher

growth business(s) the stock could be a great buy in the next

5 years. I think this could be a really good entry point.


GE:  This call was made on 05/22/08 @ $30.9788
Rating:   Positive   $30.9788 (05/22/08)
Gain/Loss:   -24.14% in 1852 days
Target:   $45.00 (+45.26%) in > one year
Allocation:   36.5% of portfolio


Comments (4)

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mad milker   57%     1 point   commented 1848 days ago reply

this company ain't done squat....it only bought growth. they moved their Money overseas and looking under every stump and rock to put CNBC.

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bottomfisher67   N/A     0 point   commented 1840 days ago reply

I am buying GE for my grandkids and for my retirement. GE has a history of great management, they will eliminate the bad businesses and they got caught up in the financial area but I believe they are bottoming out here. I love the 4% dividend buying more shares with dividend re-investment. Go GE Go!

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Your Comment

Who voted on this idea?
james1bigone N/A 05/29/2008
Astukphoto
Armin Stuk 22% 05/22/2008



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