Later today Obama will deliver a speech on economic proposals, and reportedly he will offer some kind of one-time foreign cash repatriation deal.
As Dave Lutz of Stifel, Nicolaus points out, the “repatriation trade” is doing well.
Although the overall market is up just 0.3%, several stocks with large piles of foreign cash are up over 1%.
Via Yahoo Finance, here’s a look.
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