Active Stocks: 5 Reasons to Sell General Electric GE Stock

By Jim Woods, Contributing Editor, InvestorPlace
source:investorplace.com
General Electric (GE) was a stock to sell. In fact, for most of this century GE stock shares were dead money. After General Electric peaked at around $60 a share in late 2000, the stock moved steadily downward before finding a comfortable range between $25 and $35 for the most of the decade.

But after the financial crisis, things got even worse. During the height of the global economic meltdown, the stock was one of the biggest dogs in the park -- with a severe flea infestation. In March 2009 GE stock hit a historic intraday low of just $5.73. With shares cruising up around $20 now, some bulls are saying General Electric is a buy because it has bottomed out and will move back up to its old $30 range.