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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
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"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
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"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
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"Goldman runs the world," he said.
Disclosures:
General Electric is the parent company of CNBC.com.
Data is a real-time snapshot *Data is delayed at least 15 minutes
