Better Buy: General Electric vs. Verizon
If you spend any time watching the ups and downs of Wall Street, then the names General Electric (NYSE: GE) and Verizon (NYSE: VZ) will be familiar to you. While they operate in very different industries, they are both iconic companies with incredible histories. That said, one is in a decidedly better position today than the other. Here's what you need to know to pick between GE and Verizon.
General Electric operates in the industrial space, with a diverse set of businesses including energy, aviation, and healthcare. But it doesn't provide consumers with products( at least not anymore); it sells products to other companies. For example, it makes the giant turbines that produce power from the wind. Your local electric company probably buys from GE, with you benefiting from the power much further down the line. Industrials, however, tend to be cyclical in nature, since capital spending usually rises and falls with the economy.
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Source Fool.com
