is ge a good good stock to get for future has i heard they might be the energy saver for the future

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jillybeansisme answered a question in Options.
896 points

jillybeansisme answered 5 months ago …

GE is a large corporation and as a large corporation, it will be difficult to make significant gains in its stock price. Therefore, to make significant money in the stock market with this stock, you would need to purchase a sizeable volume of shares. This is tying up your money (unless you trade options, which ties up significantly less of your money--but you need to be authorized by your brokerage firm to trade options) for not much movement.

I think you can find smaller companies with a better upswing potential if you are looking for profit in the alternative energy/energy sector. This way it would take less of a position to realize significant gains. I know $4 is $4 whether it is GE or some other company, but moving a smaller company's stock price is easier.

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alanj answered a question in Options.
2082 points

alanj answered 4 months ago …

GE has been in a down trend for about 7 years now. The recession we are in has only been around for about a year and a half. Let's see, Jeffery Imelt took over the reins at GE about 7 years ago. Hmmm. I'd say they've got a problem. I'd find another company. An alternative energy ETF might be a better choice.

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