GE Aerospace (GE)

[Jetmek_03052]

No one has a crystal ball but I think GE is a very diverse company. It won't race back up to $50 a share, but if it goes south from here, I doubt it will go much lower than $20.

GE has pretty much always followed the market up and down. I think it will continue to go up and down with it.

My fear is that if the economy falters, the government will have no other choice but to start up the printing presses again, driving the dollar down. The world then gets sick of the US abusing the worlds reserve currency and picks a different currency to rely on.

Other governments have already been calling for this and some are positioning themselves for it.

Once this happens, the printing presses will go into overdrive because the dollar will sink far down in value.

If all this comes to pass in the next 2-5 years, GE won't be the only stock that will see lows far in excess of what has been seen.

GE over the next 6 months - it had a pretty bad year in 2014. I doubt it will follow that with another, unless the scenario above comes to pass. I think that it will at least remain in the current trading range during that time period, and might even get up towards $30/share by the end of the year, if the market cooperates.