General Electric's (GE) shares have dropped off again lately, potentially opening up another buying window for contrarian-minded investors. While General Electric still has to restructure its power business and engineer a cash flow rebound, I think shares have an attractive risk-reward at today's price point. General Electric is under the microscope right now, and it will do anything it can to improve profitability going forward. While investors wait for a rebound in General Electric's share price, they get paid a decent 3.7 percent dividend.
General Electric's shares have had a good run in April and May after the industrial company beat first quarter earnings expectations, and investors started to hope for a faster turnaround. That being said, though, profit-taking took place in late May when General Electric's CEO John Flannery said that the restructuring will take time some time, again causing a major reversal in investor sentiment.
