1 Stock Pick Jim Cramer Nailed
Motley Fool industrials analyst Isaac Pino was told the other day that General Electric investors who have held the stock since CEO Jeff Immelt came on board in 2001 have lost money, and that it was time to get out of the stock. So he decided to take a look. In this video, Isaac talks about all of the factors that have affected GE over the course of the last 11 years, and throws his own voice behind Jim Cramer's vote -- that GE, at its current multiple, is definitely a buy.
For GE, the recent financial crisis struck a blow, but management took advantage of the market's dip to make strategic bets in energy. If you're a GE investor, you need to understand how these bets could drive this company to become the world's infrastructure leader. At the same time, you need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year. To get started, click here now.
The article 1 Stock Pick Jim Cramer Nailed originally appeared on Fool.com.Isaac Pino, CPA owns shares of General Electric Company. The Motley Fool owns shares of General Electric Company, International Business Machines, McDonald's, and Microsoft. Motley Fool newsletter services recommend International Business Machines, McDonald's, and Microsoft. 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.