pesky pete

General Electric: Buy Now and Wait

Did we hear this 10 years ago? Average annual total return of GE for those last 10 years is 4.2%. Looks like dead money to me. Of course we can't judge the future by the past. But MSFT, PG, JNJ, PEP, IBM, CVX, D, GD, to name but a very few, have all done better and may continue to do so. And for a proxy SI it seems would be about a 2 or 3 times better choice.