3 Worst investments: General Electric
You lost money this year
Finally, we have that old green stalwart, General Electric. GE, which stepped up to the plate in 2007 with so many green press releases and initiatives it's hard to count them all, saw its shares start the year at $38.00 per share. Today, GE stock trades at $37.11 -- a tiny drop from this past January. GE stock only made it to $42 in 2007, despite the company's plethora of green announcements from CEO Jeff Immelt stretching all the way back to 2005.
The company makes eco-products like windmill turbines, water filters and even nuclear reactors. Investors, so far in 2007, seem to have cared less about the hype and want to see sustainable and growing results from GE's green actions.
GE may be all green when it comes to the mainstream media, so it's too bad that it's returns in 2007 were not green but a non-desirable red instead.
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