Buy GE ($19.24)
The long awaited announcements from GE are now in. Dipping my toes in, ever so slightly. GE will focus on 3 sectors – Healthcare, Aviation, and Power. Cutting quarterly dividend in half to $0.12 share, $0.48 annual. Also downsizing board to 12 from 18. Certainly no short supply of skeptics out there. Pretense is long-term […]
