08-14-2014, 10:26 PM
I'm also long GE and think its a nice long term hold as they are a big part of the booming aviation industry as well as increasing presence in energy and oil & gas. Increased share buybacks after spinoff of financial arm and upcoming sale of appliance business should also be a boost to EPS.
I think the stock is trading right around fair value and with a 3.3% yield presents a decent entry point here.
I think the stock is trading right around fair value and with a 3.3% yield presents a decent entry point here.