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balancing my portfolio with a strong blue chip company.
Strong global business with decent growth projection + 3% dividend yield. with the current turbulence in the market GE seems like a nice solid stock.
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guliamo
Feb 03 at 4:03 ET
I tend to shy away from "multi purpose" conglomerates.. these guys make engines, turbines, light bulbs... I don't know how to evaluate their chances for success.. I hear they've got good management and performed reasonably well over time, but I don't really see the oppertunity here... i would buy the index instead.
Happy Investing.
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Walter
Feb 03 at 10:22 ET
GE focuses on the right things such as energy generation, health care, aerospace, 25% of business in Europe, 11% in Asia pacific ...
over the past year it performed roughly like the index, but with an additional 3.5% dividend yield.
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guliamo
Feb 03 at 12:37 ET
with their size... they ARE the friggin index... :)