At a 52 week low, 7% dividend, with a new pro environment president the EcoMagination line will continue to improve and GE Finance is still making deals and can also rebound.
Time to jump into GE. She is at her 52 week low. Last time she was at this level was back in 2004 with a quick recovery. I took five years to reach 45 but less then a year to hit 35. Dividend is floating between 4-5%. GE is into so many different areas that regardless of how the world market goes she will always be around. Check out... http://quote.barchart.com/chart.asp?sym=GE&code=XDAILY Huge gap to be filled and great options to be had.
I don't know what I was thinking when I turned and decided it was time to buy GE. I just figured that with so much money coming into support financials that GE would find the liquidity they need to keep GECC afloat. So far that just hasn't happened. Indeed the credit markets are still frozen and even the best companies out there cannot get short term credit. GE will probably survive ( a month ago I didn't think it would) but it will be a smaller and less profitable GE.
Sure plenty of GE earnings spring from the financial side, but they have sufficient clout, liquidity and a brand name supporter to emerge from this mess scarred but higher than this historically low sub-$20 share price
I don't think ge is a value play trap? I think it's been badly beaten down and I'm starting a position. I think it's certainly not a momentum play but it won't stay stagnant down here
Except for the chosen ones -- CEOs and the like who have outrageous salary and benefit packages -- almost nobody has been able to escape the financial pain in the world today.
Again, what is left to say? Nothing you haven't heard before. Jobless claims were the highest in over 15 years, earnings are at risk, the recession is here, and redemptions are still coming in droves. Sorry for the gloomy attitude.
Here are today's unofficial closing bell levels: DJIA: 7,552.29 (-5.56%) NASDAQ: 1,316.12 (-5.07%) S&P 500: 752.48 (-6.71%) Top Upgrades & Downgrades
Amgen Inc. (NASDAQ: AMGN) was down after it and Takeda's Millennium Phar
First-time claims for U.S. unemployment insurance unexpectedly rose last week to the highest level since 1992, a sign the labor market is deteriorating as the economic slump deepens.
Initial jobless claims increased by 27,000 to a higher- than-forecast 542,000 in the week ended Nov. 15, from 515,000 the prior week, the Labor Department said today in Washington. The number of people staying on benefit rolls the prior week rose to 4.012 million, the most since December 1982.
Again, what is left to say? Nothing you haven't heard before. Jobless claims were the highest in over 15 years, earnings are at risk, the recession is here, and redemptions are still coming in droves. Sorry for the gloomy attitude.
Here are today's unofficial closing bell levels: DJIA: 7,552.29 (-5.56%) NASDAQ: 1,316.12 (-5.07%) S&P 500: 752.48 (-6.71%) Top Upgrades & Downgrades
Amgen Inc. (NASDAQ: AMGN) was down after it and Takeda's Millennium Phar
A short quiz: If you plan to eat hamburgers throughout your life and are not a cattle producer, should you wish for higher or lower prices for beef? Likewise, if you are going to buy a car from time to time but are not an auto manufacturer, should you prefer higher or lower car prices? These questions, of course, answer themselves.
But now for the final exam: If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that pe
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GE
GE
About General Electric Company
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Except for the chosen ones -- CEOs and the like who have outrageous salary and benefit packages -- almost nobody has been able to escape the financial pain in the world today.
Again, what is left to say? Nothing you haven't heard before. Jobless claims were the highest in over 15 years, earnings are at risk, the recession is here, and redemptions are still coming in droves. Sorry for the gloomy attitude. 
