General Electric: Regaining Iconic Stature

By Steven Bauer: General Electric (GE) is one of the Dow Jones 30 companies that do not valuate well. It certainly is not the company it used to be and has little chance of a future recovery.

BofA Merrill Lynch equity strategist Savita Subramanian is bullish on the stock market.

Tom Armistead submits:Harris Corp. (HRS), at recent prices in the 49 area, is attractive as a GARP investment in the Communications Equipment sector. Despite 5 year revenue growth of 10.4% and 5 year EPS growth of 23%, the company trades at a TTM P/E of 9.9. Because more than half of its revenue is dependent on the US government, it has been punished as a defense contractor.

By Difu Wu:Company Description (Source: SEC 10-K)

Madhusudan Rao submits: It comes as no surprise to me that Warren Buffett sent a Thank You note on November 16th to Uncle Sam. Unfortunately, his “Thank You” note seems to indicate that Uncle Sam actually bailed out the American Economy and not Warren Buffett’s investments. Mr. Buffett suggests that a lack of intervention would have brought the whole US Economy to a standstill. Sure, a lot of companies would have suffered and many Americans would have lost jobs.

Tom Armistead submits:General Electric (GE) was for many years an iconic company, considered good as gold in the glory days when Jack Welch was at the helm. The company's strength was seriously questioned during the meltdown in early 2009, and the last time I looked into buying it, shares were trading at 6.66, on 3/6/09. I didn't buy any. It has since recovered to close Friday at 16.35.

BOSTON/NEW YORK (Reuters) - Standard & Poor's lowered its outlook on General Electric Co to "negative" on Thursday, meaning it believes there is a one-in-three chance the U.S.