***GE is ready for take off!! When you see insiders buying and not selling...it's time to come on board.
"CEO Jeff Immelt purchases $2.6m worth of stock in GE for a total of $3.6m so far in 2014.
According to CNBC, this is one of the largest insider buys by a CEO of a S&P 500 company seen over the past year.
The industrial segments should offset EPS declines from GE Capital's IPO.
GE is also a value stock, with impressive dividend growth and a large share buyback program.
On Tuesday (March 4) it was reported that General Electric (GE) CEO Jeff Immelt purchased $2.6 million worth of stock in the company using his 2013 year end bonus. Mr. Immelt purchased 104,900 shares at $25.19 per share. This follows a similar purchase of 40,000 shares back in January for a total of $3.6 million in 2014 stock purchases."