Thursday, July 24, 2008

Blogging Stocks: Recent General Electric News and Opinion

Insider is bullish on General Electric's stock -- should you be?
If you ask me, General Electric is being priced as if the Cloverfield monster will be attacking Wall Street any day now. Thank goodness that an insider apparently thinks that GE is a great buy at these levels. According to the AP, vice chairman Michael A. Neal purchased 35,000 shares this past Wednesday. The price? $29.99 per share. Not bad. At $29.99, GE's stock sports a nice, juicy dividend yield of 4.1%. I was pretty happy when I read this piece of news because, frankly, I've been wrong about GE...

General Electric (GE): A 'global juggernaut'
Despite negative analyst commentary, General Electric is one of the biggest and best blue-chip stocks," says Karim Rahemtulla. The contributing editor to The Oxford Club looks at the "global juggernaut." "It's now more crucial than ever that your portfolio holdings are well-diversified, and GE is arguably the most diversified company in the world, with exposure to a plethora of sectors....

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