In this video, Austin Smith is joined by Isaac Pino, author of the Motley Fool's premium research report on General Electric (NYSE:GE). The company steered itself out from the mess of the financial crisis, and Isaac shares convincing reasons to buy shares of GE at their current levels.
GE has been investing heavily in resource-rich countries, and the growth in the mining sector has given the company a boost. The company is diversifying its operations in the energy sector -- it has the right investments to take advantage of certain trends and ventures, specifically aiming at natural gas as an energy play. GE is positioned for global growth, and the company's future outlook is looking very positive. At 15 times earnings, and with a 3% dividend, fool.com analyst Austin Smith is glad to own shares of General Electric.
Austin Smith owns shares of General Electric Company. Isaac Pino owns shares of General Electric Company. The Motley Fool owns shares of General Electric Company. 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.