STOCKCHASE

Not a bad holding, dividend is safe, but he would rather be elsewhere. GE has so many businesses.

2012-01-25

HOLD

18.880

It is moving along with the market. Slowly getting their act together over the last 10 years. They have been quietly restructuring. He would probably look elsewhere but this is one to consider – see his top picks – UTX or Honeywell.

2012-01-11

DON'T BUY

18.560

His model price is $15.29 which is a negative of about 17%. Has never really liked this stock for years and still doesn't. They need to do a restructuring and a lot of that has to do with GE Capital. Thinks the stock still goes to $20.80. Stock has a beta of 1 so if the market goes up, this one goes up in sympathy. There are better companies elsewhere.

2012-01-04

DON'T BUY

16.610

Owned for many years but recently exited the name. CEO took over just days after 9/11 and has had a very tough decade. 2008 was very tough on this company. Not getting the traction on the earnings side. Have made some headway but feels there are better industrials out there.

2011-12-14

BUY on WEAKNESS

16.720

Under $20 or under $16 it is a pretty good buy.

2011-12-06

DON'T BUY

14.730

Trading around 10X forward earnings. Perhaps 10% long-term earnings growth. Below the 50-200 day moving averages. 31% of its revenues are still derived from the financial side. For industrials he prefers Caterpillar (CAT-N) or Honeywell (HON-N).

2011-11-24

SELL

14.730

Was long time holder, recently sold. Has disappointed over and over.

2011-11-23

Comment

15.640

Charles Lannon

Very high quality company that can be had at a very good price but it is so large, it is growth challenged. Doesn't own the stocks but owns many of their fixed income instruments.

2011-11-17

BUY

16.100

Richard Fogler

Great company. Stock has done nothing for a long time. Business has been re-created in much more manufacturing and much less financial services. The manufacturing is really doing well and coming into its own. Stock in the future.

2011-11-14

DON'T BUY

16.390

GE Capital grew so rapidly, it overshadowed the rest of their businesses and gave it a very high multiple. Capital is now slowly being wound down and you are looking at the core businesses, which are industrial. You don't want to pay 25X earnings for an industrial company of rather 10 or 15 times.

2011-11-07

BUY on WEAKNESS

16.020

Lorne Steinberg

A better company than in 2000. Reduced risk by reducing financial services. Really well run company and dividend is secure. He would own it if it fell to $13

2011-11-01

BUY

17.225

Brooke Thackray

Margins don’t look good going forward. He favours this stock and sector for the rest of this year. We are breaking a trend line going down. It is a strong seasonal time for GE. Another time from Jan 23-May 5.

2011-10-27

DON'T BUY

16.450

Had trouble with finance part of business. Have slowly been bringing themselves out of it. It is a show-me stock. They are starting to do that. Thinks they may be starting to gain traction.

2011-10-24

DON'T BUY

16.520

Industrial name trading about 11.5 times forward earnings. Being industrial, he would avoid it until we have more clarity on what is happening in Europe.

2011-10-19

DON'T BUY

16.140

Has never been a big fan of this company. His model prices $13.75, a negative 15%. Hopefully over time they will shrink the GE Capital.

2011-10-11

DON'T BUY

15.530

Never owned this because it was given a higher multiple because of its stability of earnings, which were skewed because of GE Capital. This is now becoming less and less part of their businesses. Given the economic situation globally, he expects this will move sideways. Grew a lot by acquisition.

2011-10-06

BUY

14.860

An incredibly global company. Have increased the dividend twice. This target price is the mid-$30 or higher.

2011-10-04

BUY

15.210

Great asset and earnings going up very nicely. Problem is the large financial services business. People view them as a US financial service stock but they are global and the US view has hurt them. Growing dividend and he likes them.

2011-09-23

DON'T BUY

15.040

Charles Lannon

Owns a number in that space, but not this one. He has fixed income instruments from them. Reasonably well run company. Concerns are that it is a huge company and their lending business that investors don’t have an appetite for.

2011-09-22

BUY

16.040

Lorne Steinberg

Down 75% since year 2000. Finally trading at a reasonable value, dividend of 3.5% easily covered by earnings. Is a great company but an average value.

2011-09-20

WATCH

16.080

Michael Simpson, CFA

As the economy improves, they will have room to raise its dividends and grow its earnings and cash flow. Besides present industrials, it has gone into wind turbine and solar. Interesting company to watch.

2011-09-15

Comment

15.800

John O'Connell, CFA

Industry leaders in industrial and medical parts and they will have good sales and good growth. The drawback to this company is its financial services business. Doesn't like anything financial, particularly in the US, in his portfolio. Would prefer at $14. If the financial stuff heats up again, it could drop quite a bit further.

2011-09-07

DON'T BUY

15.760

Had done really well under Jack Welch and given a much higher multiple because they had a consistency of earnings and was a very aggressive acquirer. They can no longer make big acquisitions as they used to and also have gone into too many businesses that are not stable earnings.

2011-09-02

BUY

16.310

Long-term holding. GE Capital is a much smaller part of the company right now. Valuations good and they pay a good, solid dividend.

2011-08-31

TOP PICK

15.450

Dividends. Paid more than for it then any stock in years. Part of reason is that dividend was slashed. Has tremendous upside as economy recovers, and it will. He likes companies that make money. Looking for a 100% gain.

2011-08-25

DON'T BUY

15.110

Chyanne Fickes

A little too big of a company to have a good growth profile. Although they are in all the right areas, there are a lot of areas they are trying to go back on. Still have a lot of restructuring to do.

2011-08-22

WEAK BUY

16.390

Cycle is only starting to expand again for this company. International is a strength for them. Trading at just over 10X earnings with a 3%+ yield. Solid holding.

2011-08-15

DON'T BUY

15.960

John O'Connell, CFA

Great industrial company, well diversified. Volatility in currencies. Doesn’t like the financial component and it is a big one. They are managing their way out of the problems. Prefers technology.

2011-08-09

BUY

18.110

A good, industrial, global franchise. About 3.3% yield. Have shrunk their balance sheet a little bit and are focusing more on their strengths, industrial complexes and GE Capital

2011-07-28

BUY

18.110

Have reduced exposure to financial services and built up their exposure to energy, etc. Even though financial services is still a big part of it, it is far out performing the US banks.

2011-07-27

BUY

18.960

John Zechner

Likes it here. Good management. Doesn't think there is much risk with its finance arm. Looking at the generators and turbo business they are building for infrastructure, there is huge growth here.

2011-07-25

Comment

19.040

You can't discount this company, because they are so important in so many fields. Wind turbines, jet engines, etc. As enormous potential to make money on global sales, particularly with the low US$. Has real potential to surprise on the upside in the next few years.

2011-07-22

DON'T BUY

18.380

Ross Healy

Has very little upside potential. Would like to see the company broken up into its different parts, which would be better apart than together.

2011-07-12

DON'T BUY

18.560

Doesn’t own it. It was thought that their diversification gave them stability of earnings, but some businesses were volatile. They grew aggressively because they made a lot of acquisitions bit these latest are small and volatile. It was better run before. GE capital was the engine that drove the company but that is not going to happen any more. It will grow with the economy.

2011-06-23

SELL

18.560

Srikanth Iyer

He would sell and move into Illinois Tool Works (ITW-N) instead. If you've owned this one for 10 years, you have not made any money. You want growth and dividends.

2011-06-22

DON'T BUY

18.810

If you want to buy it for a trade today, that is one thing but he would not be an owner of shares right now. Some of their businesses are doing really well but there are a bunch that are not particularly doing very well.

2011-06-21

TOP PICK

18.490

Bill Carrigan

A huge industrial conglomerate that is another plan (?) on global recovery. Has been a laggard. If it can get above about $21, stock will work higher.

2011-06-17

DON'T BUY

18.580

Not a big fan. Need to get out of financial services business. It’s going to be very difficult for them to operate in this environment. It’s weak because the US banks are weak. Thinks it will perform with the market.

2011-06-09

PAST TOP PICK

19.640

(Top Pick June 8/10, Up 29.86%) Is a leader. As recovery continues, this should recover. He sees a double.

2011-05-31

TOP PICK

19.440

Bill Carrigan

Likes the US space and wants something that reflects the global growth. Will probably do well over the next 3 or 4 years. Has been a laggard but hart shows a nice uptrend.

2011-05-27

DON'T BUY

19.760

David Burrows

In the last month or so, big caps have led the way. The issue with this one is they continue to see very lacklustre revenue growth. You probably won’t get hurt but there are probably better big-cap companies.

2011-05-18

BUY

19.760

Stock is well of it’s highs of several years ago. Feels there is a recovery happening here. Capital side is reporting better results and not a drag on them.

2011-05-18

DON'T BUY

20.140

Likes the industrial space. As we are in an economic recovery, you want to own the more sensitive areas of the economy such as Honeywell (HON-N), Caterpillar (CAT-N). Likes this one but from a growth perspective there are others that are more attractive. Trading at 14X forward earnings. (See Top Picks.)

2011-05-12

SELL

20.600

Recent quarter appeared to be very good but when you peeled back the onion, it wasn’t as good. GE Capital was were they made the big gains. A lot of their industrial numbers were disappointing. If you own, Sell and Buy it back in a few months as it is not going anywhere.

2011-04-28

BUY

20.650

Has re-invented itself off of 2008. GE Capital grew to a point that it hurt them quite a bit. It is now smaller and is profitable. All of their different divisions are doing quite well in the global expansion. Feels it has a $2.50-$3 earnings potential. Close to double where it is now. Good potential.

2011-04-27

DON'T BUY

20.040

Ross Healy

Has hit its target and has run out of fair market value upside. Earnings have been very tepid. However as an interesting take on the company, it is worth more dead than alive. If he were running it, he would pull it apart and sell all the pieces.

2011-04-15

Comment

20.180

Hit a snag because of nuclear problems in Japan. Chart shows a half a V shaped recovery. Trading a too high a valuation at 15X earnings. Can find a number of US multinationals trading at 10 or 11 times earnings. If you own, you can do well with a longer-term time horizon.

2011-04-11

SELL

20.110

Had a big move off the bottom. Are trying to transform themselves away from financial services. Track record of CEO is mixed. Get out of the stock for a month or two.

2011-03-30

WEAK BUY

19.780

Not liked it for a long time. It had a high multiple a lot time ago because of stability of earnings, but you saw what happened in 2008. It can go higher. Their acquisitions are in more volatile areas.

2011-03-24

DON'T BUY

19.250

Don Vialoux

Seasonally it usually does ok until end of April. It has had resistance at recent levels. Stock is way oversold. Stochastic are starting to show signs that this stock has bottomed. Loves to own stocks that have strength relative to the market, but this one doesn’t have it. This company created the nuclear power plants in Japan. Likes the industrial sector in general but not this one.

2011-03-18

BUY

18.950

2.9% dividend. Likes it. Traded down on the Japanese issue because of Nuclear Issue. He sees no liability. They are in the nuclear business but it is only 1%. It’s a story about a loss of the potential of what they might have gotten if we hadn’t see this issue. A good long term issue.

2011-03-16

BUY

18.950

Ben Stadelmann

Not as much of a contrarian play as it was during the 2008 crisis. This company is not going to go away. Thinks they will do well as the economy recovers. Dividend is being put back little by little. IF we have a breather here, it would continue increasing afterwards.

2011-03-16

BUY

20.250

Hold off on buying it. He sees better opportunities. GE is a proxy on the market and he sees it growing at 10%. He is not hot on industrials.

2011-03-01

BUY

20.920

Prospects in the next 3 years? Prospects have been improving. They had actually become a financial services company at exactly the wrong time. Industrial side is now becoming more important. Not expensive here.

2011-02-28

Comment

20.580

Mike Lyons CA, CFA

If we get an economic rebound it will probably do fairly well. Doesn’t like the black box nature of GE Financials. Will probably do very well if there is an economic rebound.

2011-02-24

PAST TOP PICK

20.370

Paul Gardner, CFA

(A Top Pick Feb 24/10. Up 12.68%.) 10/22/2037 5.73% Bond. Sold these bonds.

2011-02-23

BUY

20.710

Industrials are the area of the US economy that is doing extremely well. Just reported very good earnings. They right sized their financial operations. The industrial side is doing extremely well. Have molded the company into what they want t to be for the long term. Has very good earnings power.

2011-02-02

BUY

20.140

Mike S. Newton, CIM FCSI

Underscores a broader theme that is happening. A poster child for Dow 30 Components. Really good solid turn around story. Great dividend yield.

2011-01-31

HOLD

20.200

Ross Healy

Has had a pretty nice recovery. Has a little room to move at this juncture. Sees a near term technical peak at about $20. Doesn’t have enough Fair Market Value oomph behind it to get a good deal further than that.

2011-01-28

BUY

20.280

If you were buying just one stock to give you a broad representation of US industry, this would be the one and this is a good entry point. Sees it higher 12 months out. He prefers to be more focused on specific areas for a more direct approach.

2011-01-27

BUY

18.330

John Zechner

Has added to his holdings recently. Well positioned in the global power play with turbines, etc for global infrastructure spending. Also, the financial side is improving. Good price level.

2011-01-19

SELL

18.640

Always overvalued according to him. Has a large financial component. The model price is $16, a negative 14%. Goes up with the market.

2011-01-05

HOLD

18.610

Owns bonds also. Will sell stock above $30. Have increased dividend twice since he bought it.

2011-01-04

BUY

18.040

Has not been a fan for a longtime but at these levels you can make some money on it. It will do well in this part of the cycle. Their big issue was GE Capital but there has been a big turn around. Feels the CEO has done a mediocre job.

2010-12-23

BUY

17.040

GE (GE-N) or Intel (INTC-Q)? Both are reasonably attractive on a multiple basis but would probably choose GE, which is less of a commodity type play. GE Capital looks like it is back on its feet. Hoping for 9%-10% growth plus dividend yield.

2010-12-08

WEAK BUY

17.030

If you believe that the US economy is rebounding, which he does, then this will grow with it. Not his favourite. Didn’t like it when they cut their dividend.

2010-12-07

HOLD

15.940

Ron Meisels

The good thing is that the 200-day moving average is around the current price and is slowly rising. In technical terms it is a V-extended stock, which can go either way. Use a Stop Loss. Don’t let it go below $15.

2010-11-24

DON'T BUY

16.040

A proxy for the US economy and he likes the industrial space. Has just fallen bellow the 50 and 200 day moving averages, which is not good.

2010-11-18

BUY

16.200

Good quality blue chip company with a decent yield of 3%. Earnings growth has slowed, but is trading at a low valuation of 12.5X next year’s earnings. If you get 13% or 14% earnings growth over the next couple of years, the stock could easily reach 14X or 15X earnings and generate a decent rate of return.

2010-11-15

BUY

16.550

Have been quietly restructuring and streamlining over the last few years. Getting back to their knitting as a global industrial company. (GE Capital made money last quarter.) Can grow at 12%-13% and will earn about $1.30 next year.

2010-11-10

BUY

16.550

Interested in this as it is still in a large number of industries including aircraft engines, wind turbines etc. that will show growth.

2010-11-09

SELL

16.300

Met earnings but missed reasonably significantly on revenue. Have a number of segments that are not operating on all cylinders. Relative under performer versus the market. If you own, consider taking the loss before year-end and will be able to buy it back at the same price a few months from now.

2010-10-15

HOLD

17.160

Got into trouble in 2008 on GE Capital side. This masked continued good performance of their other businesses. Operating businesses are quite strong and play right into global economic expansion.

2010-10-14

BUY

17.190

Great company. If you wanted to own one stock in the US it would be this one because of diversity.

2010-10-12

DON'T BUY

16.510

(Market Call Minute) Too complicated for him. Prefers others.

2010-10-05

Comment

16.440

Stumbled with its financial product and because it is so broadly exposed to US industry, it took a hit. Has some terrific businesses including turbines, jet engines, etc.

2010-09-28

WEAK BUY

16.230

Likes the industrial space in general. This one is just bumping up against its 200-day moving average and he wonders if it will stop in that area. Like buying the entire index because they are in so many different spaces. Earnings momentum is relatively flat. Current year and next year's growth is on par with the rest of the S&P 500.

2010-09-16

HOLD

16.160

Was thought of as an industrial/infrastructure company, but more and more through the decades they stretched for yields via GE Capital, which taught them a lesson. Restructured. Still own GE Capital but much smaller and less leveraged. Actually made money last quarter. With re-emerging global economies, their industrial/infrastructure parts are doing well. Expect they'll earn $1.30 next year and grow their business 15%-18%.

2010-09-14

HOLD

15.700

Pretty fairly valued at this time. Thinks the worries are over with this one. The capital business has shrunk a little. Still a great global company. Will probably see very slow growth in the multiple.

2010-09-08

PAST TOP PICK

15.440

(Top Pick Sept 11/09, Up 8%) He is not in love with this stock, but still likes it. It trades like a US financial stock. Sell on strength

2010-09-07

DON'T BUY

14.500

GE Capital was driving them for many years and that hurt them in 2008. Other parts of the business are very good. Doesn't think it will ever get the valuation that it had 5 years ago. Recent acquisitions have been higher risk.

2010-08-26

HOLD

15.700

Hap (Robert) Sneddon FCSI

Quietly restructuring and the latest earnings release showed an increase in earnings. Also building out their industrial and infrastructure business to take advantage of the emerging market. Expect they will earn $1.25-$1.30 next year. Have plans to increase dividends over time.

2010-08-18

Comment

15.700

Has been pretty much a proxy for the overall market. 70% of sales come from North America or Europe. Chart shows a potential rounded top indicating a more weakening of buyers. Has overhead resistance at about $16.50. About 3% yield.

2010-08-18

PAST TOP PICK

15.700

(A Top Pick June 8/09. Up 21.23%.) Still a Hold.

2010-08-11

Comment

15.200

If you are looking out 5-10 years, he likes it because of all the interesting things they are into such as water, solar, etc that represents US growth. If you are a short-term trader, you could buy it for a trade if you happen to like the market.

2010-07-14

BUY

15.200

Had problems over the last few years having gotten caught up in the 2008 financial debacle. They are now quietly restructuring and becoming what they used to be, a global industrial/infrastructure player. Expect they will earn $1.30-$1.35 this year. Not expensive. Buy for the long-term.

2010-07-14

WEAK BUY

14.950

One of the most diverse and largest companies globally. Market treats it purely as a financial stock and almost ignores all the industrial and consumer parts.

2010-07-09

BUY

13.970

Proxy for world economy. So many businesses are dependent on economic growth. Is a good time to buy ready for economic growth in 2011. Very solid company with products in so many markets.

2010-07-06

DON'T BUY

15.080

David Driscoll

Industrial products division has been a little sluggish but starting to see some long-term improvement. Problem is their capital market side which is no longer an AAA credit. 2.6% dividend. Not a fan.

2010-06-24

DON'T BUY

15.080

Not been a fan for a long time. Grew by acquisition and when they weren't allowed to acquire Honeywell (HON-N) it didn't allow them to really grow. Will never get the high multiples that it did prior to that. Although GE Capital is healing itself, it is still a very large part of their business so is still under performing. Businesses they have gone into are higher volatility.

2010-06-24

BUY

15.390

Trading at 11-12 times next year's earnings. In the process of getting rid of the majority stake of NBC Universal. Their finance arm is doing a little bit better. Very reasonable price.

2010-06-23

DON'T BUY

15.910

So diversified it is a barometer for the economy. If looking for above average market return this company will just match it at this point. GE Capital did not go through as much turmoil as other financials so that is a positive. Trading at 14X earnings and long-term growth is at 11% so not overwhelming. Prefers others such as Kansas City Southern (KSU-N) and Deere (DE-N).

2010-06-17

BUY

15.850

Quietly restructuring. Sold off fire security business, sold controlling interest in NBC and taking greater control of their GE Capital unit. What's left is an industrial and infrastructure juggernaut that has huge explosion to global expansion. Expect it to earn $1.30 this year.

2010-06-16

BUY

15.785

Brett Hryb

Almost a proxy for the US industrial base. Very diverse and across very many product platforms. Dividend is poised for an increase. Good price. Their financial division is on a slow recovery mode.

2010-06-15

BUY

15.320

He owned it on the way down and bought more. The market zeroed in on its financial side and it followed financial stocks. It’s a multi-industry company. They worked on fixing the balance sheet on the finance side. He is a big believer in the stock and believes they will be buying back stock next year.

2010-06-09

PAST TOP PICK

15.320

(Top Pick Jun 8/09, Up 17.21%)

2010-06-09

PAST TOP PICK

15.320

Jeff Parent B. Eng. FCSI

(Top Pick Jun 23/09, Up 35.09%) Thinking of selling. Chart looks really bad. It is falling down to support. Upward trend has been broken. If it holds here and rallies back to $17 he would hold it. He will sell in the next week otherwise.

2010-06-09

TOP PICK

15.480

If economy gets hit then they will get hit. They were smart to cut the dividend. It’s a good, relatively conservative call.

2010-06-08

BUY

18.440