Salesforce (CRM) reports Street-beating Q2 >>> READ MORE

Top Ten Stocks Countdown in Our Portfolio

Investment ideas across a range of business sectors

      View All  

7) General Electric

Since its inception, General Electric (GE) has been an innovation leader. A new focus of the infrastructure giant is the industrial internet. The term refers to the embedding of sensors in machines and then linking those sensors together to form a data collection unit that will enable operators to generate more efficient production from the machine. The benefits of this research could be enormous. GE estimates a 1% reduction in commercial aviation fuel consumption could lead to a $30 billion saving over 15 years. I never thought I’d call GE a contrarian pick, but as you can see on my relative strength chart, shares have been flat on their back since the Great Recession. Buy today.

General Electric vs. S&P 500

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC