Why I Love This California-Based Company's Stock for Long-Term Investors

This business is a top conglomerate in its field, with many sources of growth.California is massive, both in terms of population and economic power -- it is the largest U.S. state when measured by residents and gross domestic product (GDP). Since it places No. 1 in both metrics, it's also a suitable home to a dizzying number of world-beating companies in fields as diverse as technology, pharmaceuticals, and industrials.Yet, it's another sector traditionally identified with the Golden State that would be my ...