Don’t look now, but the S&P 500 is having its third-best year in the past decade, which is amazing when you consider we’ll be entering the tenth year of the bull market in March. It’s a big indication the 2008 financial crisis is clearly in the rearview mirror, making it very difficult to find cheap stocks to buy.
With the S&P 500 up 16% year-to-date, it’s getting harder to find those down-and-out names like General Electric Company (GE)–down 42% on the year–that just can’t seem to get their act together.
New GE CEO John Flannery’s got his work cut out for him as he enters 2018. The chief executive says it’s going to concentrate on healthcare, aviation and energy to get the industrial conglomerate out of the multi-year funk it’s experiencing.
Is the plan good enough to get me to name GE one of my nine stocks to buy on the dip? Read on and you’ll find out.
SEE ALSO FROM KIPLINGER: 50 Dividend Stocks You Can Count On
Prices and data are from the original InvestorPlace story published on Nov. 27. Click on ticker-symbol links in each slide for current prices and more.
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Date — December 5, 2017 5:00 am
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