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H&W in the Media

Will Obama’s Tax Overhaul Boost Stocks?

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The effects of that proposal to tax overseas income could significantly reshape industries where many companies have operations abroad, like the garment, auto, and information-technology industries, strategists say. It would change the calculation for corporations deciding whether to locate a new plant at home or abroad, says Kevin Mahn, the president and chief investment officer of Hennion & Walsh. But “some companies in an industry might be better-positioned than others,” so investors would have to do a company-by-company analysis to find winners and losers, Mahn says.

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