Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Thursday, March 24, 2016

Article Excerpt

GENERAL ELECTRIC CO., $31.11, New York symbol GE, is in a strong position to profit as the U.S. government normalizes relations with Cuba. This week, the company and the Cuban government agreed to explore potential deals. For example, GE’s turbines and expertise would help modernize Cuba’s oil-fired power plants. It’s also likely the Cuban government will want to upgrade its hospitals with GE’s X-ray, MRI (magnetic resonance imaging), ultrasound machines and other medical products. OUR RECOMMENDATION: GE is a buy. General Electric recent coverage February 2016 issue Hotline for January 8, 2016 SHERWIN-WILLIAMS CO., $281.35, New York symbol SHW, has agreed to buy rival paint maker Valspar Corp. (New York symbol VAL) for $9.3 billion in cash. If you include Valpar’s debt, the price rises to $11.3 billion. This is a big acquisition for Sherwin, which has a market cap (the value of all outstanding shares) of $26.0 billion. The combined company would be the world’s largest paint maker, with annual sales of $15.6 billion. Valspar’s operations in…