The stock has been trading down to a point that now makes a better bet than having money in the bank. Not only would you get paid a higher dividend than you would in interest from any bank CD, It is probably safer than some of the large banks in business now. GE is one of the last great diversified companies since downsizing and specialized focus on one segment. GE has a long history in front of it and will be around while other industries come an go. With the market treding lower and GE being hit particularly hard has made a great opertunity to buy into the company with little down size risk and a good dividend while waiting for the tides to change. I am looking for price between $37 and $38 by years end.
$29.98 (06/12/08)
