GENERAL ELECTRIC (GE)

You can't ask for a more solid company than GE. I added more shares today at $34.65. It trades at a P/E of 17.28 and pays a $1.12 dividend to yield 3.2 percent.

General Electric Company (GE) is a diversified industrial corporation. Its Infrastructure segment produces jet engines, turboprop and turbo shaft engines, and related replacement parts for use in military and commercial aircraft; wind turbines; aircraft engine derivatives; gas and steam turbines, and generators; oil and natural gas compressors and turbines; diesel-electric locomotives and parts; and productivity solutions for industrial and municipal water systems. It offers various financial products and services aviation and energy sectors. The company�s Commercial Finance segment provides loans, leases, and other financial services to manufacturers, distributors, and end-users for various equipment and capital assets. Its GE Money segment provides financial services to consumers and retailers, such as credit cards, loans, mortgages, deposit and savings products, and other products. GE�s Healthcare segment manufactures equipment for magnetic resonance, computed tomography, positron emission tomography imaging, X-ray, patient monitoring, diagnostic cardiology, nuclear imaging, ultrasound, bone densitometry, anesthesiology and oxygen therapy, and neonatal and critical care and therapy. Its NBC Universal segment provides network television services; produces television programs and motion pictures; operates television broadcasting stations; owns various cable/satellite networks; and operates theme parks. The company�s Industrial segment offers home appliances; lamp products; electrical distribution and control products; motors and control systems used in end-industrial and consumer products; commercial lighting systems; plastics and structured products; protection and productivity solutions; handheld and portable field calibrators; equipment for detection of material defects; stand-alone measurement instrumentation; and systems for validating or certifying commercial and industrial processes. GE was founded in 1892 and is headquartered in Fairfield, Connecticut.