Buy Johnson Controls (JCI)

12/30/2008 10:19 pm EST

Focus: STOCKS

Jim Jubak

Founder and Editor, JubakPicks.com

In 2005 the company’s automotive business accounted for 69% of sales. By the end of 2007—before the big auto slump—that had dropped to 51%. In that short period the company had transformed itself from just another auto industry supplier to a technology growth company specializing in building energy efficiency and new battery technology for hybrid and electric cars. (Full disclosure: I own shares of Johnson Controls in my personal portfolio.)

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