NEW YORK ( TheStreet) - General Electric (GE - Get Report) looks promising as we head into the near future. Upward action from this U.S. based conglomerate will mean a nice payday for investors in 2011.This week, GE CEO Jeff Immelt provided an optimistic forecast for the firm. In comments made to investors during the company's annual meeting, he explained that, though demanding, the steps taken in the aftermath of the global economic crisis have helped GE get back on track. He expects the firm's core businesses will grow in 2011.
Buffett's Bet on GE in 2011
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