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It's A Good Time To Add GE To Your Portfolio

General Electric (NYSE:GE) is a behemoth of a company with over 300,000 employees worldwide spanning all industrial sectors and until recently even the financial sector. Last April 10th GE announced it was selling most of GE capital and started with the sale of real estate assets valued at $26.5 billion. Concurrently, GE announced it will buy back $50 billion in stock and return $90 billion to its shareholders over the next ten years or so. This helped the stock price reach a recent high of $28.68. The company is a leader in many of the sectors it operates in; one example is the gas turbine industry in which GE has held over 40% of the market in the past several years. Its closest competitor, Siemens, has 23%... READ MORE

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