GE Aerospace (GE)

[ogbull]

just bought in -- GE was the first stock I ever owned. Got my first shares in 1958. Worked for the GE electric motor plant in Murfreesboro, Tennessee. I remember when Ronald Reagan came around and gave us a pep talk in 1957. I sold my shares in the 1970s. Been watching GE for a few months looking for an point to get back in. I'm averaged in at $28.97 -- I hoping we see $45 by the end of 2016. I think it is very likely if the DOW hits 18,000.

I like the new direction the company is heading. Getting out of the finance business was the best move.

I've watched the stock trade tic by tic for 3 months. It drifts up and down a lot but always works up a percent or so at the end of every week. If it holds the same performance over the next year, we might see $50 plus.

For me, this is a buy hold until hell freezes over.