How to Play General Electric (NYSE: GE) Stock in 2016
December 15, 2015 at 05:00 AM EST
Once it invented the lightbulb, GE spent the better part of the next 105 years expanding everywhere into consumer and industrial electronics. If it had an 'ON' switch, chances are GE made it. That's how the company became a solid investment. In fact, on Wall Street, GE was known as a "widows and orphans" stock - completely safe for regular investors to buy and hold. It was the bluest of the blue chips - a decent dividend-payer and a stock to pass on to your grandchildren. The company continued to diversify into content creation and distribution, software, pharmaceuticals, healthcare, and even capital. And then, in 2008, the company imploded - spectacularly. It was that capital division that did it in the end. GE Capital was very nearly fatal to the company. The king of American industry had to go begging for emergency funding of $74 billion to cover its financing needs. Millions of hitherto confident shareholders got slaughtered and watched the stock drop from a high of $42 down to $5.73. What's happened since is something every investor needs to know, whether you're considering picking up GE shares, selling them, or hanging onto them... Tags: ge stock , GE stock in 2016 , General Electric stock , how to invest in GE , Is GE Stock a buy , NYSE: GE 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 How to Play General Electric (NYSE: GE) Stock in 2016 appeared first on Money Morning - We Make Investing Profitable .