The following video is from Wednesday's MarketFoolery podcast in which host Chris Hill and analysts Jason Moser and Eric Bleeker discuss the top business and investing stories of the day.
On Tuesday, Comcast (NASDAQ: CMCSA ) announced plans to buy the remaining 49% of NBCUniversal from General Electric (NYSE: GE ) . Shares of both Comcast and GE hit new five-year highs on Wednesday. What does the deal mean for competitors like Verizon (NYSE: VZ ) ? What does the deal mean for potential competitors like Apple (NASDAQ: AAPL ) ? In this installment of MarketFoolery, our analysts discuss the deal's winners and losers.
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 relevant video segment can be found between 0:15 and 6:30.