Just a little something to think about....There a few good things to say about GE as mentioned above. I do think , without a doubt, the most attractive segment of GE to an investor should be it's growing infrastructure business. However, off the top of my head I can think of a lot more "minuses" than "pluses". These include it's awful finance business, it's shrinking commercial aircraft engine arm, terrible cost and wage overruns which really are attributed to lax mgmt. and ulimately, IMHO, a not very adept CEO.
Now if you own a diversified mutual fund chances are you have a good stake in GE already..If you own two or more such funds you have an even greater stake. If you own any American Fund you really have a stake there. I thought about adding GE to my income portfolio even at this price ($26 or so) with an almost 5 percent yield. I then decided to let my mutual fund managers deal with GE....I just tend to have more confidence in growing business's....Utilities, energy MLP's(pipelines) and either dry bulk shiplines or oil tankers with much better cash flow, higher yields and diversify my core holdings with much less worry while being able to take advantage of growing commodity and energy demand.
I am not saying GE is necessarily bad....Just my gut says there are a lot better (and less worrisome) ways to profit these days.
Mariner.....
(I also don't like the fact they have ties with Iran but that's another story.)