Recent Buy: General Electric Company

General Electric is a company on which I’m moderately bullish in the long term. Calling the bottom however is really difficult since the company is very much in restructuring mode for the months to come. None the less I decided to buy additional 100 shares today for 22,50 USD per share. This makes it a full position but should there be a steep decline on possible dividend cut news, I might overweight it for short term. Personally I think that that the dividend cut is pretty much priced in already but who knows. I wouldn’t be surprised if it goes to mid teens at some point but for the long term I see plenty of potential considering the size of the company. Aggressive restructuring might provide significant upside from the current valuation. I’ll consider this to be a contrarian limited risk position in my portfolio.