Stock Picker Bullish on GE
Fort Pitt Capital Group's Kim Caughey is charged up about General Electric.
"We like their industrials, and how strong they are, and we think that's going to continue into the future," she told CNBC.
Industrials are, of course, not all in which GE is involved, but Caughey thinks the company's financial interests have already been priced into (or out of) the stock.
"I think investors, at this point, have taken that out of the picture, and have punished GE accordingly," she said. "We're looking at what they're going to have as continuing operations, and we're a buyer at this point."
(In its entertainment and media businesses, GE competes with News Corp./Fox, The Walt Disney Co., CBS and both Time Warner and Time Warner Cable.)
-Formal disclosure information for Kim Caughey was not immediately available.
-General Electric is the parent company of CNBC.