Dow Jones Industrial Average 11787.38 (UP) Week ending 01-14-2011
GE pays a 3.00% dividend , so it beats your money market right off the bat. Earnings for 2010 are looking like $1.12 per share and for 2011 , $1.29 per share. Improvements in Sales Revenue, EBITA , and rapidly improving Net Income from Operations should carry this this stock upward.
So if you are worried about market volatility, this may be a good 1-3 year investment for you that you don't have to worry about selling for a while. I am actually surprised that Warren Buffett and Charlie Munger have not got their calculators out on this one. (the train picture made me think of them). These are certainly understandable businesses.
P.S. JON C. OGG , at 24/7 WallStreet list GE as their top conglomerate pick for 2011.
So add some "Good Things to your life" , and pick up some GE at $18 and change.