Infrastructure growth drives GE

"If you look at our infrastructure business today, we're in the very early phase of, I think, a long-term secular time period where we have high visibility, broad technologies, great global positioning, increasing margins and backlog on equipment and long-term service agreements that can span over the next 10 or 15 years," said GE Chairman and Chief Executive Jeff Immelt.

"Major equipment backlog jumped 32% to $37 billion. The company said major equipment orders were 50% greater than shipments in the quarter."

I read these developments as reinforcing my major theme: global infrastructure buildout. Invest in companies that are at the heart of it.