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Welcome to "StockBreakthroughs Newsletter"
In this issue... General Electric's Strong Growth in India. In the last issue I discussed how strong and fast India's economy is growing and, that it doesn't necessarily make much sense to invest in pure Indian corporations because of the risk it involves. Rather go for the big international companies. They are already present in India and are profiting from it's economic boom. And by investing in companies like Nokia, General Electric, etc. you will automatically also profit from Indias growing economy without carrying too much risk on If you missed this issue, you can view it at: But today, General Electric (GE) is already right in the middle of profiting from India's economic boom. In May, CEO Jeffrey Immelt visited India for the second time and said that India is at the beginning of a growth phase with increasing consumer spending and the yearn for more wealth. He expects a huge growth potential for GE in India where last years turnover was $850 million and is looking at pushing this number up to $1 billion in 2005. And by 2010, GE wants to fivefold this turnover making it $5 billion. Above all, the financial sector of GE (GE Capital) has been very successful in India due to the strong demand in loans and bonds that has increased by 30% last year. GE also has excellent perspectives in it's medical, transportation and energy sector and continuously keeps an eye open for buying out other companies i.e. acquisitions. So GE is already well established in India. But that's not the only reason that makes GE an interesting and future orientated investment. GE has overcome it's weakness which was mainly a result due to the big 3 year stock market decline from 2000 - 2003, which basically affected every corporation worldwide, especially the technology sector. But unless the stock market faces another setback, that's now all history for GE! Yours in Successful Trading, Ricky Schmidt
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