GE is one of the largest US corporations, usually no 1 or no 2 in most lists. It is very well managed and does quite well for its size. It is one of the largest components of the S&P 500. So if you own index funds, you probably already own some.These days we learn they are over 50% international. That makes them quite good in ability to resist a recession.Jeff Immelt is the current CEO. He is doing fine. Previous CEO was Jack Welch. He grew the GE finance business. So now GE is almost like a bank. I think they have been able to avoid the subprime meltdown, but you might want to check into the details. They are very much into financing things like airplanes and locomotives but have expanded far beyond that initial base.So GE is probably an OK place to invest. Like most blue chips its growth potential is not large, but it can be a steady performer, and it is not one you are likely to lose sleep worrying about.
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