The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and research analyst Catherine Baab-Muguira discuss topics across the investing world.
Today, Isaac discusses the wealth of opportunities "down under" for General Electric. Australia, in fact, is poised to become the world's largest exporter of liquefied natural gas by 2017, and GE's energy unit aims to provide the necessary infrastructure to aid in the extraction process. While other large operators, including BHP Billiton and Rio Tinto, are finding it more difficult to operate in some areas of Australia, GE's energy executive claims Australia presents "as dynamic a market as there is in the world today."
Could this nation of only 22 million people bolster GE's profits? Like fellow Dow component Caterpillar, GE believes its bet on "resource rich" will prove more fruitful than many emerging markets around the world.
GE, which makes up 1.16% of the Dow, is a massive conglomerate and investors might see limited room for growth from a $140 billion behemoth. However, GE dominates its competitors in key growth markets, and our recent report describes the tremendous opportunity ahead. On the flip side, if you're interested in a more nimble American company, we invite you to read a copy of our free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to click here to get your copy today!
Catherine Baab-Muguira has no positions in the stocks mentioned above. Isaac Pino owns shares of General Electric. 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.