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


To: Graham Osborn who wrote (56232)12/5/2015 6:49:53 PM
From: E_K_S  Respond to of 78750
 
General Electric Company (GE)

Why GE's $10 Billion Alstom Purchase Is its Best Deal in a Century

The primary advantage of the acquisition, GE's largest to date, is the opportunity to expand GE's international reach after widening its installed base of power generators by 50%. That will help CEO Jeffrey Immelt deliver on an April promise to refocus GE on manufacturing while paring most of the sprawling lending business that had weighed on the company's stock since the financial crisis.

"This acquisition is a brilliant one because the world is going to switch to cleaner power plants, and now GE has a hammerlock on the business," said TheStreet's Jim Cramer, portfolio manager for the Action Alerts PLUS charitable trust.

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GE is more and more looking like a GARP play and building value as it buys good industrial assets and peels off all the financial luggage. It's been a long wait on my shares I bought at current price levels in 2008 but I did average down in 2010 w/ another buy around $17.00/share. I missed the bottom in Feb 2009 at $9.00/share.

It's still hard to know when the opportunity 'value' buy presents it's self as in 2009 everything was tanking and it was very difficult to pull the buy trigger. I wonder if this might be the case for many of the pipeline stocks now. . . time will tell like w/ GE.

EKS