With GE Stock at Nine Year Lows, Is It Time to Buy the Dip?

Industrial conglomerate General Electric (NYSE:GE) made headlines again this week — and not in a good way. GE stock dropped below $12 for the first time since July 2009. To put that in perspective, GE stock was a $30-plus stock at the beginning of last year. GE stock momentary stopped the bleeding when it dropped below $20.