Industrials analyst Brendan Byrnes reveals his favorite stock in the conglomerate industry, a sector favored in economic downturns for its diversified activities. Brendan likes United Technologies because its acquisition of Goodrich will help it expand in the aerospace industry. This huge acquisition may scare off other investors, but this stock looks cheap now.
With the U.S. relying on the rest of the world for such a large percentage of our goods, many investors are ready for the end of the made-in-China era. Well, it's arrived, and with the balance of manufacturing power shifting yet again, you can profit with the "3 Stocks To Own for the New Industrial Revolution." They're the biggest industry disrupters we've seen since the personal computer, and you can read more about them in our free analyst report.
The article The Best Conglomerate for 2012 originally appeared on Fool.com.
Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes owns shares of United Technologies. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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