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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (56219)11/12/2015 5:30:21 AM
From: Ditchdigger  Read Replies (1) | Respond to of 78702
 
Morning EKS,

I'm going to continue to hold my GE position, I also suspect it may be a bit overvalued at this point.
(probably should have sold some MO shares on valuation also, but I'm holding).

I personally believe Immelt has done a fine job navigating the company out of a tough spot, and I'm willing to wait and see what he does with the war chest being built up. A rather simplistic view on my part I know, call it KISS investing(g). The dividend growth since the financial crisis has been nothing short of stellar. Stocks up 21% ytd, again probably overbought currently. But that break above 26 was key imo and in a world of mergers/buyouts I agree the future should be interesting.Who knows, maybe they buy an ABB or such.
All the best