Saturday, March 14, 2009

Stock-Picking: GE?

I, Ashley, do not own any single stocks; but I'm thinking of diving in to 1) learn about the process; 2) buy low; and 3) make long-term gains in my tax-free, Roth IRA portfolio.

I'm researching GE right now. Here's what some people are saying about the company:

Jim Cramer: "General Electric can now dividend up to its commercial finance business and the company will be out of the woods. That's why it is rallying."

Stamford Advocate: "Consider General Electric Co.'s recent pounding in the stock market as one bad round in a 12-round fight that this heavyweight is still favored to win."

GE High in April 2008: $38.52
GE cost at yesterday's closing: $9.65

1 comment:

Todd said...

Jim Cramer is employed by CNBC.
CNBC is a subsidiary of NBC.
NBC is owned by NBC UNiversal.
NBC Universal is owned by GE.

Happy investing.