GE is no longer on the government’s ‘too big to fail’ list and that is a good thing, said TheStreet’s Jim Cramer. He said GE can either grow its dividend slow and steadily and buyback its stock in a measured pace. Or it can adopt the plan of billionaire activist Nelson Peltz and aggressively buyback shares. Either way, Cramer predicts the stock will go higher now that it won’t be weighed down by its Systemically Important Financial Institution, or SIFI, designation.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
