your #1 site for FREE swing & day trading content
|
|
|
Thomas Vass: If Obama wins ... build infrastructure gains
"Obama is expected to create a national infrastructure reinvestment bank to expand and enhance existing federal transportation investments," says tech specialist Thomas Vass. The editor of The Technology Stock Advisor explains, "Our pick to benefit from a boost in infrastructure spending is Ingersoll Rand (NYSE: IR)." insert.a.chart.IR "The national infrastructure reinvestment bank will receive an infusion of federal money, $60 billion over 10 years, to provide financing to transportation infrastructure projects across the nation. "These projects will create up to two million new direct and indirect jobs per year and stimulate approximately $35 billion per year in new economic activity. "The one area in particular that will benefit the most from the new national infrastructure reinvestment bank is the the industrial machinery and distribution equipment value chain. "This sector has the potential income and employment multiplier effects to create the jobs Obama is promising as a result of this policy. "Within that sector, we believe Ingersoll Rand has the best prospects for stock price appreciation. The company manufactures industrial equipment, turbines, precision bearings and flued control devices as well as construction equipment. "The stock is rated an A stock by S & P for quality. Our target buy price on the stock is $37. The target aell price is $56." by Steven Halpern (TheStockAdvisor) Disclaimer: Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests. Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk. There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital. |
|
|||||||||||||||||||||||||||||||||||||||
|
