General Electric (GE)

You should sell. It is going to take years to improve things and there is going to be so much selling pressure. It is cheap, but you are not getting a great stock. Management has to make major changes. There are better opportunities in tech. (Analysts’ price target is $17)

He recommended this in January. Don't bother with this anymore at your age (caller is 91). Disappointing. Move on.

Has four divisions. Aviation is doing great. Power is middling. GE Capital has been a problem for a long time. Plus, a their business in oil services us also weak. GE Capital will earn better with rising rates. Down the road, GE itself will rise. Buy today and hold it for the long run.

Warren Buffet is interested. A year ago he said Larry would be interested in the mid-teens. There is nothing to tell you that now is the time to buy except a really good value investor sniffing around. There are too many uncertainties. It is interesting and speculative at this point.

This company has been in the news a lot with stories of weak fundamentals and poor management. The practices are probably culturally ingrained and will take a long time to change.

Ask yourself, If I didn't own it today, would I buy it? If you answer no, then sell what you already hold. Don't get emotional. Mismanagement has caused their current woes. It will continue to fall and eventually the company will break up. Move onto fresh pastures. Every investor has faced this situation.

He says GE has had management issues, but they should be able to turn it around. If you are buying this, you are hoping to purchase a stock at a 50% discount hoping it will return.

He bought it in the recession when it dropped to $15. It has serious problems. It has come down so much that there is an argument to buy more but it has so many problems that he is not ready to buy now. For now he is holding and not sure that he still should hold it. He should have sold it at $25 when Warren Buffett sold it.

He thinks this company could fall to $12 from $14.55 currently. There is more gaps that are likely be exposed as the regulators are in looking at their books. A sad situation.

They've gone through such a transformation in the past few years. Until the dust settles and they know how they are, don't invest in it.

It looks like a value trap. It is hard not to see some value and the ability to turn it around. They cut away a lot of the things you don’t want to be in. It was heavily owned institutionally but you could do worse owning it. There are things he thinks will do better in the short term. Don’t bet the farm on a fast turnaround.

Have been a mess. They cut their cash flow projections in almost half. You can probably argue that there is value there, but he would stay on the sidelines. Some structural issues. Hard to track with so much going on.

Could sink further. Breaking it up would be positive. The gem here is their healthcare side. Power and jet engine sides are dragging down the stock. Wait for good news before stepping in.

They have to demonstrate they can get the ship back on course. Everything that could go wrong has. Poor leadership. Cut their dividend. And yet it does have great products. Double-down now? Yes, except they have the biggest unfunded pension deficit around which will eat up cash flow for the near future and hold back the stock taking off.

Hard for investors to explain what the company does. Strong brand, but the business has gone through significant transformation. GE is very different today, integrating the mammoth companies it has acquired. The company needs a big turnaround. Share price has dropped by 50% over the past year. However, it is still trading at 16 times earning, which is more than you want to pay for a turnaround story.