I think consumer staples like K and GIS, SJM, etc,(as well as pharma stocks) is the best place to put your money for now. People are eating at home more--trying to eat as cheap as possible to save money. In spite of what some say, this recession is far from over. I would stay away from GE--dead money for years to come.
It hasn't doubled. It was 35 in March. However, the yield is still nice and it's one of the best run food companies. Analysts have it at 58, which we'll likely see next year. I love this stock, never swoons, never jumps, just works its way up - AND it's not at the mercy of Obama regulations. Everyone needs stocks like that.
Forget GE - still a financial basket case. Better manufacturers to own.