I really like the products the General Electric produces, it has wide interests and a large industrial player. This is just one reason why I'm including it in the index. The management team is superb. Jeffery Immelt leads from the front and can change GE to a leaner machine than what it already is. The stock is still fairly valued and revenues will grow along with stable dividends.
Immelt has been with GE since the early 80's and knows the company intimately. He instills courage and awe among the employees, convincing them that his path is the right path to make GE stronger. He has created with other executives a strong C-suite that can keep pushing the monolith of GE forward. GE is not afraid of change and is willing to subtract parts of the business that do not fit in with the image.
Overall a great company and one that will be a great pick for any portfolio.
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