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Major Reasons to buy

Apart from the main reasons, there are various other factors which point at GE being a great buy: 1) GE stock is significantly oversold, indicative of a bottom.

2) GE insiders have started buying shares in the open market.

3) GE can borrow at decreasing costs, while most competitors have to pay more.

4) The writer's strike is finally over and NBC Universal can contribute an increasing share to GE's profitability.

5) Expect GE's under-appreciated Healthcare segment to improve performance – there is pent-up demand.

6) GE will grow foreign revenue, especially in emerging markets – China Olympic Games projects are especially important.

7) GE Energy is the only US based company that has the technology to build a nuclear power plant and has the most advanced design for a safe nuclear power plant. Reservations have to be made, the money will roll in eventually, not all the plants will be built and GE might have to share the revenue with other possible partners, but the growth potential here is huge for GE, estimated to increase revenue by atleast 10% (huge considering GE has revenues of a shade less than $50 Billion).

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