Everand Logo

Welcome to Everand!

  • Kiplinger

    General Electric (GE) May Be Close to Rock Bottom

    by Michael Kahn, Contributing Writer, Kiplinger.com Jun 22, 2018 4 minutes

    Now that the Dow Jones Industrial Average handed the once mighty General Electric (GE, $12.76) its much-anticipated disgrace, investors everywhere are asking once again: Is it finally time to "buy the bottom" in GE stock?

    The answer is an unsatisfying "soon."

    Here's why I say soon ... and why I'm not saying now.

    The Dow's Breakup With GE

    The powers that be at Dow Jones announced on June 20 that they would remove General Electric's stock from the venerable index on June 26, and put Walgreens Boots Alliance (WBA) in its place. After a 111-year continuous run and the distinction of being the last remaining original member of the DJIA, GE

    You’re reading a preview, subscribe to read more.

    More from Kiplinger

    Kiplinger4 min read
    Got Crypto? The IRS Really Wants to Know
    The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven’t run for the hills, it’s worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but th
    Kiplinger4 min read
    Looking for the Best Rate on a Fixed Annuity? Shopping Around Really Pays Off
    If you’re looking for a haven for your money, with a three-year fixed-rate annuity, you can choose one paying 2.00% annually or one paying 4.25%! Other than the rate, the two products are quite similar. If you’re shopping for a five-year guarantee, a
    Kiplinger3 min read
    5 Ways Charitable Giving Can Star in Your Financial Strategy
    When professional baseball player Austin Barnes extended his contract with the Los Angeles Dodgers for another two years, he specifically included in the agreement a commitment on his part to make charitable donations. That was a generous move and a

    Related Books & Audiobooks