General Electric (NYSE: GE) Stock Looks Good After GE Capital Deal
April 10, 2015 at 15:49 PM EDT
General Electric Co. (NYSE: GE) stock is up 9% today (Friday), after the company announced it will be selling most of its GE Capital assets, which total $500 billion. The news sent GE shares to a new 52-week high of $28. We alerted investors to the profit potential of GE stock last month, and the stock remains one of our favorite blue-chip stocks to buy and hold in 2015... In fact, there are three major reasons why GE stock is more attractive following today's move... Tags: Blue Chip Stocks , ge capital , ge capital deal , ge capital sale , ge stock , General Electric stock , NYSE: GE , should I buy GE stock , Stocks to Buy To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post General Electric (NYSE: GE) Stock Looks Good After GE Capital Deal appeared first on Money Morning - We Make Investing Profitable .