Tuesday, September 30, 2008

Barron's: Follow-Up - It's Time to Buy General Electric

FOLLOW UP
It's Time to Buy General Electric
A return to topics discussed in earlier issues

GENERAL ELECTRIC'S FINANCIAL PERFORMANCE CONTINUES to disappoint, with the conglomerate reducing earnings guidance last week for the second time this year. At 25, however, its shares look cheap enough to buy. GE's "operations have improved since 2000, but there has been a dramatic contraction of valuation," says Jack De Gan, chief investment officer at Harbor Advisory in Portsmouth, N.H....

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