General Electric (NYSE: GE) remains a household name after generations as a mega-conglomerate that dabbled in many industries, from home appliances to healthcare. Even so, the financial crisis from 2008 to 2009 was nearly fatal for the company, and it's spent over a decade evolving and trying to get back on its feet.

Today General Electric looks far different from the company your parents or grandparents might recognize. In this case, change is good. General Electric seems to be a much stronger and more focused business than before.

On top of that, shares have nearly doubled over the past year. Is the stock back? Here is what you need to know.

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Source Fool.com