General Electric (GE)

(Market Call Minute) Conglomerates are doing well as are companies into industrial machinery and they are selling a lot of gas turbine engines. All three should be positive for GE. Good dividend yield.

(Market Call Minute.) It would be a wonderful company if they split the thing up.

Just came out with quite good earnings. Bought this when he thought they could increase the dividend. Thinks this company can go into the mid-$30’s. Has a lot of potential. As the economy recovers, this should recover more.

For the past 10 or 12 years have had difficulties. Started as a broad industrial and then in 2008 GE capital suffered. They have been divesting some of their interests to become more concentrated where they do well, but every quarter there is always something that is holding them back. Growth in profits is very, very slow. He felt there was a better alternative. Prefers United Technologies.

If you have a small portfolio and you want broad participation in America, this would be much like a mutual fund. Diversified activity both in the business and financial areas. He has a target of $24 plus, which gives you a 10% return plus a 3.5% yield.

He has owned the debt a couple of times, but not the stock. Not bad to own for their dividend. Slowly removing financial assets from their businesses. It can slowly go up. It’s a well run company. They have the ability to slowly grow the dividend.

Good company if you want a play on the global economy. She targets specific areas so doesn`t buy GE. You can find smaller companies with a smaller niche

Thought there could be dividend increases which there have been since he bought it. He is happy to hold it and thinks it has a lot of upside. Buy under $15

With this you are looking at jet engines, gas turbines, appliances, etc. Industrial space should do well. It is more cyclical and you are seeing more visibility in the capital part of their company. There should be better performance from some of the high-margin businesses which happen to be more cyclical such as the aviation side as well as GE energy. 3% dividend. He looks to see it grow by about 15% over the next 3 years.

Hopes it moves up from here. He is a long term owner. He likes what is going on. Expects more dividend increases.

In 2001, their business was quite diverse. Since then they have gone back to their core competencies. Some of it had been forced because of the troubles that GE Capital had gotten into in 2008. Thinks they are starting to get it right but there is still a ways to go. There are other industrials with better growth metrics.

Technically this company is set up very well. Stock has just broken out of a very large consolidation to new highs. It is an industrial and is in a difficult space but specifically a big beneficiary from the growth in natural gas and potentially big growth in LNG. Will probably be a little better than market perform with less risk.

Has had a decent run. And incredibly well managed company. Doesn’t see a lot of upside at this point. Expect their financial services is going to soften up a little bit. Industrial businesses will have 2%-3% growth. Growing at 5% for a company this size is going to be difficult.

Good company. Reinventing itself. Going back to its industrial roots. Has been quietly restructuring. Not cheap. Will probably make $1.50-$1.60 this year. Yield of 3.27%. (See Top Picks.)

Likes this one. The financial services arm has improved. The core business of turbines, power generators is a great area to be in. Probably slowing down a little as infrastructure spending is slowing down. Fairly valued now. Single digit earnings grower so wouldn’t expect a big return off it. A safe stock. 3.25% dividend yield.