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2 “Strong Buy” Dividend Stocks With 8% Dividend Yield


GE energy spinoff aims to capture interest in renewables

(Reuters) -General Electric Co’s plan to spin off energy units into a standalone company could attract investors looking for a well-known name in renewables if they can overlook legacy fossil-fuel operations, financial experts said. The energy unit will combine existing wind and gas-fired power turbines and services, and software businesses. “Customers need GE at its best and at its most focused to help them navigate the energy transition,” Chief Executive Officer Larry Culp said in an interview, referring to utilities and others now moving to solar, wind and hydropower.

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