Comments on: Is GE cheap or what? http://www.thecornerofficeblog.com/2008/06/30/is-ge-cheap-or-what/ An entrepreneurs thoughts on business, personal finance and investing. Thu, 09 Jun 2011 19:02:59 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Winston http://www.thecornerofficeblog.com/2008/06/30/is-ge-cheap-or-what/comment-page-1/#comment-32908 Winston Wed, 02 Jul 2008 00:45:13 +0000 http://www.thecornerofficeblog.com/?p=821#comment-32908 Scale in if anything. There is going to be a shift away from the perception that American equities go up over time. Constant spending with little growth is recipe for disaster. I struggle to think of what will be another catalyst for American growth, but the only thing I can think of is our agriculture. Our infrastructure (both physical and intellectual) is sophisticated and sound, but my generation (25-35) have our work cut out... Scale in if anything. There is going to be a shift away from the perception that American equities go up over time. Constant spending with little growth is recipe for disaster. I struggle to think of what will be another catalyst for American growth, but the only thing I can think of is our agriculture. Our infrastructure (both physical and intellectual) is sophisticated and sound, but my generation (25-35) have our work cut out…

]]> By: MJ http://www.thecornerofficeblog.com/2008/06/30/is-ge-cheap-or-what/comment-page-1/#comment-32885 MJ Tue, 01 Jul 2008 05:14:40 +0000 http://www.thecornerofficeblog.com/?p=821#comment-32885 GE is one of those companies I always have liked and wanted at a value like it is right now, but to me its problem is its greatest strength. GE is an extremely diversified company, consequently it is hard to sort out how the company is doing. It has TV interest which are okay, movie interest which are doing great, a appliance group that is doing so bad that they are selling it, invested into financial sector which isn't doing so hot, make trains that seem like they should be doing okay, a decent electronic controls and raw electronic parts division, and have more different and profitable types of energy generation than you could shake a stick at. What do you say is the overall trend of the company though? I personally think that they have too much invested in the finance sector, but beyond that I like everything that the company is doing and making. I am not a big Carl Icahn fan, but I do think GE is one of those companies that should split their units into different stocks so that people can actually see each sectors performance more clearly and then push some money into the stock. On the other hand that is exactly what makes GE a fairly safe bet. Compare the stock to the overall performance of the Dow, S&P, and NASDAQ over the last three years and I think you get a clearer picture. The stock typically seems to mimic all three indicies but recently has really dropped which could indicate value. But, it has consistantly not performed as well as the indicies which may mean to really not get into the stock. I say wait until the economy starts to turn or at least three major indicies begin trending upward and then start buying. That would seem to mean a turn around in stock price is coming. GE is one of those companies I always have liked and wanted at a value like it is right now, but to me its problem is its greatest strength. GE is an extremely diversified company, consequently it is hard to sort out how the company is doing. It has TV interest which are okay, movie interest which are doing great, a appliance group that is doing so bad that they are selling it, invested into financial sector which isn’t doing so hot, make trains that seem like they should be doing okay, a decent electronic controls and raw electronic parts division, and have more different and profitable types of energy generation than you could shake a stick at.

What do you say is the overall trend of the company though? I personally think that they have too much invested in the finance sector, but beyond that I like everything that the company is doing and making. I am not a big Carl Icahn fan, but I do think GE is one of those companies that should split their units into different stocks so that people can actually see each sectors performance more clearly and then push some money into the stock. On the other hand that is exactly what makes GE a fairly safe bet.

Compare the stock to the overall performance of the Dow, S&P, and NASDAQ over the last three years and I think you get a clearer picture. The stock typically seems to mimic all three indicies but recently has really dropped which could indicate value. But, it has consistantly not performed as well as the indicies which may mean to really not get into the stock.

I say wait until the economy starts to turn or at least three major indicies begin trending upward and then start buying. That would seem to mean a turn around in stock price is coming.

]]> By: JW http://www.thecornerofficeblog.com/2008/06/30/is-ge-cheap-or-what/comment-page-1/#comment-32880 JW Tue, 01 Jul 2008 02:59:37 +0000 http://www.thecornerofficeblog.com/?p=821#comment-32880 Bought GE @ $27.06. Intend to increase that position as long as it's below $27 Bought GE @ $27.06. Intend to increase that position as long as it’s below $27

]]>