Need An Income Investment? Keep Dumping General Electric (GE) and Buy This Stock Instead
July 02, 2009 at 10:09 AM EDT
Back in January, I advised you to dump everyone’s sweetheart dividend stock, General Electric (NYSE: GE ) in favor of TEPPCO Partners (NYSE: TPP ). Many balked at the idea. But the results don’t lie… Year-to-date, General Electric is the worst-performing stock in the Dow, down 22.3%. Meanwhile, TEPPCO is up 69%, including dividends. Read more ...