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3 Reasons to Buy GE Stock in Retirement

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Stocks for retirees don’t get much bluer than blue-chip General Electric (symbol GE). After all, it’s the only remaining member of the original Dow Jones industrial average. GE’s current strategy is to focus on its industrial roots, manufacturing everything from locomotives to jet engines to power generators and more. That doesn’t mean, however, that it intends to be stuck in the past. It’s also reconfiguring itself to be a centerpiece of the 21st-century industrial sector. That gives retirees a way to invest in both the slow-but-steady growth of the old economy and the more explosive growth found in the high-tech future. Here are three reasons that GE looks like a great fit for a retirement portfolio.

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