General Electric (GE)

Given that this is such a big company, it is difficult for them to move the needle in terms of increasing earnings at a rate that he looks for. However, if you are looking for steady company that is going to be around in 3-5 years, it is probably a safe bet. On the way he constructs portfolios, this is one he would be avoiding.

Thinks this has already seen the big upward move that you are going to see for a while. However, there is not a good reason to rush out and sell. They have done a great restructuring and gotten rid of their financial services. The dividend is safe and there is still growth in the power side. Probably the kind of company you want to own right now. It has some downside protection and a global asset base. This is going to benefit from infrastructure spending.

It is hampered by the strong US dollar. But it is a great company with great products. The jet aircraft industry shows terrific growth going out over 10 years. Exporting is hard with a strong US dollar. He thinks there is room for dividend growth. It is a bet on the US economy.

This is one of these companies that you have to own. It has had a big move, so wait for a down day in the market. In the meantime, write a Put at around $28-$29 between now and January, and you get paid $1-$2 a share, and hopefully you end up getting a hit.

Has a large interest in financing. The 1-year chart shows it has been in an uptrend and making new highs. The 5-year chart shows the trend is very healthy. The stock should go higher and he would recommend it for a longer-term hold.

(Top Pick Jul 6/15, Up 23.68%) They are in the midst of transforming themselves back to what they were, an industrial Behemoth. They expanded into the energy sector (services). The market is rewarding them for all of this.

Has recommended this twice in the last year. As it became less focused on financials and more focused on their industrial business, he thought it became very, very attractive.

(Market Call Minute) It is trending upwards as it is restructured. It is between a hold and a buy, a warm hold.

It is fine to buy right here as a core piece. It has slowly recovered off the highs and has been cleaning itself up. It is a great play for improving industrials. It is a reasonable entry point. It won’t be a home run.

This has done a great job of redistributing its balance sheet and getting rid of the financial services component. Feels it is a little rich at current prices. It is a leader in healthcare, an area he likes. A good quality industrial company. Balance sheet is in good shape. Something you can own if you want to have a well diversified industrial.

Probably one of his favourite companies in terms of safety. He would buy this for the long-term. They have jettisoned their financial services business, which is virtually all complete now. It is now wired up and ready to go. If we do get a recession in the US, this will be at acquisitive company again.

This is doing all the right things. He likes it for the dividend of about 3% and its moderate growth. They are shedding off excess that maybe they shouldn’t have been in over the last 10-15 years. Continuing to shed assets that don’t make a lot of sense, and focusing on their core competency. However, the stock has moved sideways for a long period of time. The 200 day moving average is just moving sideways and slipping up ever slows gradually. At this price, he may take profits in order to enter at a lower price.

A name he is looking at closely for an entry point. Have done a tremendous job in selling GE Capital assets, and are now essentially a pure industrial play. The integration of their huge French engineering company acquisition has been digested for the most part. Trading at about 20X PE. Dividend yield of 3%.

He likes this because it is continuing a transformation from being a financial services company, and more into what it was in the beginning, and industrial company. This is industrial, it has healthcare, makes equipment for the energy industry. He likes its return.

(Market Call Minute.) He wasn’t happy with their Austin deal. It was highly diluted through political influence.