I bought GE for my retirement account because of its dividend payout and my uncanny ability to buy GE products without even knowing it.
When it comes to picking stocks for long term appreciation, I like to use good old fundamental analysis. That doesn't mean I ignore technical factors that affect its price.
Silly me, I bought GE at a recent high but I can be patient. Why? Well I'm testing out a new Fundamental Analytic Neural Model that's telling me GE should be trading around $43.00.
The same model is telling me that NE should be trading at $64. :)