GE is a safe bet (6/9/06)
Are you looking for a safe place to put some money to work
in this volatile market, without giving up long-term growth opportunity, I think GE is an attractive buy at current levels.
GE has held up well in relation to other holdings during this market sell-off, partly due to the flight-to-quality rotation we are seeing when nervous money managers look for any port in a storm to stash their investment cash.
When liquidity is on the outs, safe havens are in -- which often means dependable big caps.
Assigned to category: Stocks
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