I bought GE last year when it was at it's low of $5.48 and got quite a few shares and have been holding onto to it ever since. I've also recently bought some GE shares since at their peak the price almost tripled, but is still very affordable.
Not all my picks are winners though. I also bought shares of Plug-In Power since I read there was going to be a major deal between the two companies to supply GM with it's all electric needs since they're going all EV by 2035. I guess that deal fell through though. GE is however clearing more debit by the end of 2021 and even more by 2023 which should get their stock value to really rise.
I have shares in other companies that really haven't been moving, so i'm being patient for now. I am trying to figure out who has an edge between the three companies, Textron, General Dynamics, and Sig Sauer. The last one isn't publicly traded. I don't know why, but the the U.S. Military is looking to change the M4 to a new design with a 6.8mm vs. the 5.56 and i'm trying to invest in either Textron or GD. Honestly I like Sig Sauer's prototype the most, but I doubt they spend millions based on my opinion.
Not all my picks are winners though. I also bought shares of Plug-In Power since I read there was going to be a major deal between the two companies to supply GM with it's all electric needs since they're going all EV by 2035. I guess that deal fell through though. GE is however clearing more debit by the end of 2021 and even more by 2023 which should get their stock value to really rise.
I have shares in other companies that really haven't been moving, so i'm being patient for now. I am trying to figure out who has an edge between the three companies, Textron, General Dynamics, and Sig Sauer. The last one isn't publicly traded. I don't know why, but the the U.S. Military is looking to change the M4 to a new design with a 6.8mm vs. the 5.56 and i'm trying to invest in either Textron or GD. Honestly I like Sig Sauer's prototype the most, but I doubt they spend millions based on my opinion.