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General Electric Company Message Board

  • nonandare nonandare Mar 5, 2014 9:18 AM Flag

    GE ready and riped

    ***GE is ready for take off!! When you see insiders buying and not's time to come on board.

    From S.Alpha
    "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."

    Sentiment: Buy

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