cranky old investor

GE Has Been Woeful, Go For a Sector ETF Instead

GE has provided the average investor with a unique opportunity: to buy the stock, collect a dividend just shy of 4%, and wait for a recovery. It's div is secure; it's taken its lumps; it's still in the strongest growing businesses around; and it's not going to screw up again. The bulk of its miss, resulting from the inability to dispose of assets in a volatile market, are likely to be reversed as some stability returns; in the meanwhile it still enjoys about the lowest borrowing costs in corporate America, giving its finance arm a competitive advantage in loan pricing.
At $32 it's a lot safer with as much upside potential as any ETF on the screen