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Stocks G / General Electric Company


Subject:  Value Line View Date:  1/8/2018  11:24 AM
Author:  billjam Number:  13559 of 13700

I'm not a cheerleader for GE, but I have owned it since $7, adding shares over the years so my average cost is now $17.82. Yes, I do kick myself for not going all in at $7. They had just slashed the dividend and the negative analysts comments sounded a lot like today.

Value Line just issued their quarterly review. They expect minimal growth in the next year. The asset sales and restructuring will be messy. But they do recommend the stock for income investors and they remain positive on long term appreciation. Their median projection for 3 to 5 years out is 90% price increase. That potential plus the dividend, which is still well above the average yield, will keep me in the stock for now.
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