Investopedia: Absent A Quick Turnaround In Power, GE Has Gone Far Enough For Now

General Electric (NYSE:GE) has been one of my go-to industrial stocks since around mid-2009, and the stock hasn't disappointed in that time – rising more than 140% and besting the return of the S&P 500 by about 30% or so. Companies and stock picks are always fluid, though, and the recent developments in GE's industrial margins and free cash flow (FCF) generation haven't been all that positive (particularly in power). While some of this is cyclicality and some is likely growing pains, a somewhat longer ramp back to strong operating performance leads me to think that GE is close to fair value absent a big turnaround in industrial demand and/or margins at GE.

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http://www.investopedia.com/stock-analysis/061313/absent-quick-turnaround-power-ge-has-gone-far-enough-now-ge-si-nov-spw.aspx