Saturday, June 25, 2011

General Electric (GE)

This stock is currently on sale big time! I wasn't sure if I would even be able to pick up GE again below $18 a share but this week it closed at $17.97. What a bargain of a stock this is right now, PE of just 14 and a Dividend yield of 3.25%. We may not see this much of a sale for GE for a long time. I am adding to my position this week for sure. This is one of those buy once and hold for ever kinds of Stocks that I love. Just buy it and collect the fat dividend until you are ready to retire a rich person. Good luck investing. Tony

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