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Current DateTime: 08:53:42 09 Jul 2009
LinksList Documentid: 30328029
CNBC Stock Blog
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Nov.14
1:24 PM ET
Friday, 14 Nov 2008
Stock Picker: These Names Are 'A Steal'

Eckhart's Peter Costa has three "G-rated" stock picks: giants in their sectors, each beginning with G.

First, let us point out that he is thinking long-term — a perspective that's very much in fashion among stock-market investors right now.

Recommendations

His first pick is General Electric [GE  Loading...      ()   ].

"Obviously, they're getting hit because there are certain things in their portfolio that aren't that profitable at the moment, but it's still a great company, with a broad mix," he told CNBC.

"They're well positioned for two years, three years, and four years down the road."

He also likes General Dynamics [GD  Loading...      ()   ].

"General Dynamics, I absolutely love at this level," he said. 

"It's a steal to have the best-run defense contractor in the country in your portfolio."

The third "G" is Goldman Sachs [GS  Loading...      ()   ]. Why?

"Goldman runs the world," he said.

Disclosures:

General Electric is the parent company of CNBC.com.

Disclaimer

© 2009 CNBC.com

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