H&W in the Media
Will Obama’s Tax Overhaul Boost Stocks?
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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