GE Aerospace (GE)

[benfrankledger]

Trading at 17.6 times next year's earnings General Electric is not especially cheap either, but due to currently being in the midst of a repositioning that should lead to much improved results in a couple of years, that valuation is not very high either -- and investors who buy around $18 still get a 2.6% dividend yield which obviously is a lot less than what they would have gotten before the dividend cut, but which is still a better yield than what investors can get from GE's peer 3M Company (MMM), which pays a dividend yielding just 2.1% right now.