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General Electric shares are back above $11, giving the controversial company a market value of $97.34 billion. There’s nothing inherently special about either number. Still, there are a few investment implications now that GE shares have cracked that price barrier.
It’s human nature, after all, to think in terms of milestones. It’s always news when the Dow Jones Industrial Average cracks a 1,000-point barrier. It will be big news when the Dow hits 30,000 at some point in the future. (Barron’s isn’t making a call on that.)...