Global Investing: The French Connection
By Ian L. Cooper
There’s a good chance that Nicolas Sarkozy will win in Sunday’s French election, as polled French voters believe the right-wing candidate outdid Royal in Wednesday’s televised debate. And there’s no doubt that his win would create a win-win situation of French business.
With that in mind, we went searching for companies that’d benefit from his win. One of them is Taser (TASR), a stock that could spike on Sarkozy’s alleged desire to put a taser in the hands of 250,000 to 300,000 police officers in France. Assume that 50% of 300,000 police officers are required to carry Tasers at all times. Imagine the revenue from that.
Despite the usual legal haggling over Taser, we believe the UK’s possible allowance for Taser distribution to its police force, coupled with Sarkozy’s possible Sunday win could be a boon for Taser’s revenue stream. Fundamentally, you’re dealing with a company with no real debt.
Take care,
Ian L. Cooper, Editor, Early Alert Trader
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