The fascinating thing about General Electric (NYSE: GE), Johnson Controls (NYSE: JCI), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is that they have entirely different earnings drivers over the next decade. Former CEO Jeff Immelt has been widely criticized for making big bets on fossil fuel technologies. Unfortunately, the market for gas turbines halved in the years since the significant Alstom acquisition, as did the price of oil after Immelt made a slew of acquisitions.
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