General Electric Company (NYSE:GE)
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The definition of a conglomerate, GE offers everything from light bulbs to power plants, jet engines to water processing, financial services to 30 Rock.
The definition of a conglomerate, GE offers everything from light bulbs to power plants, jet engines to water processing, financial services to 30 Rock.
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With an improving balance sheet in GE Capital, GE will continue to recover over the next 5 years. The growing dividend will continue to benefit investors as it currently yields over 3.5%. GE has its hands in everything, so any cyclical downturn that may occur is offset by a different product line. Simply purchasing GE stock gives an invest a fully diversified portfolio.