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General Electric Co GE

General Electric Company, doing business as GE Aerospace, is a global aerospace propulsion, services, and systems company. The Company provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. Avio Aero is a GE Aerospace business which operates in the design, manufacturing, and maintenance of civil and military aeronautics subsystems and systems. Dowty Propellers manufactures integrated propeller systems, which are used in applications that range from regional airliners and military airlifters to marine hovercraft. GE Additive offers a suite of products for additive manufacturing. Unison builds advanced gas turbine components and electrical and mechanical systems throughout the world. Its services include TrueChoice commercial services, TRUEngine, on wing support, regional and business aviation, and test services.


NYSE:GE - Post by User

Bullboard Posts
Post by Ticker28on Nov 02, 2008 10:52pm
1338 Views
Post# 15561635

I have bought this one

I have bought this oneOk I'll stick my neck out on this one and be honest.  I purchased a large position of this one at an average of $18.75 just lately in the last week or so.  Could it go down more? Sure it could in the short term but I personally have not let that stop me from buying it.  I think their is sound value here and when I can also get 7% dividend to sit patient then it makes it tolerable.  I had wanted to enter GE for some time but like Pepsico I had not had the opportunity to get it at a good price.  Now finally I have been able to purchase some wonderful businesses for a bargain price.  I think the underlying value of this business is going to shine eventually and then the price will take care of itself.  Remember that famous saying "...greedy when the markets are scared.", well I've been greedy as of late.  Im only interested in getting a good price in an above average well managed company.  Again I say if you believe that the long term outlook for the market is a steady upward trend then you will not find much better times to buy exceptional companies at exceptional prices.  Good luck all.
Ticker
Bullboard Posts