General Electric (GE) and General Motors (GM) continue to underperform the Dow (both near 52 week lows while the market climbs). I admit GM looks like an interesting value play with $16 billion in cash and a market cap of only $11 billion. Oh, then there is the $286 billion in debt and the company hasn't reported a profit since the fourth quarter of 2004. I will pass on GM, but I do like Tata Motors (TTM) and Toyota (TM).

General Electric is very profitable yet is "“over-owned" by Wall-Street. It is difficult for a 346 billion dollar company to continually have EPS growth of 20% per year. In general, conglomerates like GE are too diversified and make over achieving difficult.