Two Ways To Play: Wishlist for 2009?
Who will be the winners of 2009? According to Bloomberg the prospects include Cisco Systems (CSCO) General Electric (GE) and Emcor Group (EMKR) as President-elect Barack Obama seeks to revive the U.S. economy. Obama might follow a page from President Dwight Eisenhower’s playbook in the 1950’s when industrial giants like U.S. Steel Corp (X) and Caterpillar (CAT) were called upon to build huge infrastructure projects. But now technology companies will be the focus. Not only may the new administration repair bridges and tunnels but technology companies may be called upon to rewire classrooms and libraries for high-speed Internet service. Other ...
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