GE is nice here! (GE, rated BUY)
Posted on May 22, 2008 at 10:37 AM EDT
Everyone knows that GE's stock has been flatlined for the past 5years, but the stock is under a 15p.e. and paying a 4% dividend. If they can manage to sell some of its underperforming assets at a decent price and plow into higher growth business(s) the stock could be a great buy in the next 5 years. I think this could be a really good entry point.