GE Stock price, what's the deal?

Question

GE is a leader in a wide range of technology, home appliance, med equipment, etc etc. So why is the stock price the same as it was five years ago?

Answer 1

Since Bush has been in office, the market has not gone up as much as it should have because it's been talked down by the democrat press. Thus many good stocks are low to fairly priced and have done little the past few years even though the US economy (before the last two years) was growing strongly. GE is a good company and cheap at this price. (Remember Warren Buffett was buying it last yr in the mid 30s.) But also remember, the economy now is slowing down, so profits will be down and the shares will be too.

Answer 2

More than all of those, GE is a finance company.  If you have not noticed finance companies are not in great demand currently.  

Answer 3

Like most exceptionally large companies, growth becomes increasingly difficult to generate with added size.  

In addition, it is difficult for others to make purchases at present due to economic strain on their own companies and national economies.  

If the US dollar continues to gain strength, it may be more harmful to broad-based international companies like GE than it is to US-centered companies, or companies with the largest percentage of their business within the US.

Jeff Immelt is a good leader.  He would be better off, like Bernanke, if his predecessor would learn to keep his mouth shut.  "Wonder Jack" hurt the stock further after GE's shortcoming on earnings last quarter.  He tried to correct his poor judgment the following day, but the cat was already out of the bag.  Greenspan does the same frequently with Bernanke.  They both lessen their inflated legacies by their misguided behaviors.