OK, so there are a few of you out there that are going to read the title of this post and say something like “…yes, but ‘cheap’ is a relative term…” and you’d be absolutely right.

A long time ago I was doing some research on what I consider some fairly sleepy stocks. You know, the Proctor and Gambles, the Johnson and Johnsons, General Electric, etc.

I set up some reminders to send me an email if a stock ever dropped to a certain level. Well, at the time, I figured yeah, if GE ever drops below $27.50 I’ll buy some.

Well, it just so happens that I got an email the other day, that criteria was met.

To be honest, I haven’t followed the company much for the last six months, but I’m wondering if GE is a bargain right now or not…

Any thoughts?

Investing GE, JNJ, PG