Background: General Electric is one of the largest and most diversified industrial corporations in the world. GE is engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution, control and utilization of electricity. GE trades an average of 31.1 million shares per day with a market cap of $222.3 billion.
52-Week Range: $14.02 to $21.19Yield: 3.24% GE's moving averages are moving from the bottom left to the upper right, and that's about all one can ask for. It's a nice, steady climb, void of emotion and hysteria. After a rough couple of years during the financial crisis, GE is back and even GE Capital is firing on all cylinders. I like GE a lot and used to own it as a core dividend holding. I expect I will again soon. The mean fiscal year estimate price-to-earnings ratio is 13.5, based on earnings of $1.55 per share this year. Basically there is zero growth priced in, and while GE may tread water until the global economy recovers, at least you're not paying a premium to wait. The company currently pays 68 cents per share in dividends and averaged 56 cents per share a year over the last three years. Short-sellers are not interested in betting against this one. Short interest is a nonfactor at a rate of 0.8% of the float. GE Dividend Yield data by YCharts
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts