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Companies That Will Benefit from
Improved US Cuba Relations
By www.ProfitableTradingTips.com
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
When President Obama announced
that the USA will normalize relations
with Cuba several stock and funds did
very well.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
There are early stock market
winners according to reuters.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
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Before We Continue…
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
A tiny mutual fund based in miami, a
clutch of cruise line operators and a
canadian natural resources company
are the early winners in the obama
administration’s surprise move on
wednesday to thaw relations with
cuba.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
While the cuban economy is small,
with gross domestic product of roughly
$70 billion, according to the world
bank, comparable to that of hawaii,
investors nevertheless scrambled to
capitalize on the new dynamic
between washington and havana.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
Shares of the $34 million (£21.72
million) closed-end fund, which trades
on nasdaq under the ticker “cuba,”
soared by as much as 47 percent to a
seven-year high after reports of the
breakthrough early on wednesday.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
its holdings include around 60
securities that fund manager thomas
herzfeld believes would benefit from
an eventual end to the u.s. economic
embargo against cuba.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
There already are US companies
doing business with Cuba.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
As the details of the progressive
normalization of relations works out
traders will find that more and more
companies will benefit from improved
US Cuba relations and trading their
stocks could be quite lucrative.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
What Does Cuba Need?
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
Cuba needs to move into the 21st
century in telecommunications.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
And, luckily, the United States
government is going to
allow telecoms do business in
Cuba.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
the u.s. government said wednesday
that it will start allowing
telecommunications companies to set
up equipment and other infrastructure
projects needed to begin phone and
internet services in cuba, a vital
commercial component of its historic
reopening of diplomatic relations with
the island country.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
“today, the united states is taking
historic steps to chart a new course in
our relations with cuba and to further
engage and empower the cuban
people,” according to a statement
released wednesday by the white
house.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
only about 5% of cubans have access
to the internet, the white house noted.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
“the cost of telecommunications in
cuba is exorbitantly high, while the
services offered are extremely
limited,” it said.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
Cuba has an outdated phone system
and virtually no internet services.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
This is an economy the size of Hawaii
that will benefit from US company
expertise.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
Companies that will benefit from
improved US Cuba relations will be
those that get contracts in Cuba.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
Who Is Interested?
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
An article in the Pittsburg Business
Times is indicative of the interest in
exploring business in Cuba.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
u.s. rep. mike doyle, d-pittsburgh, said
wednesday’s announcement that cuba
could be opening for business is good
news for pittsburgh companies.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
in july, doyle invited jose cabana, the
top diplomat to the united states from
cuba, to meet with local companies
and elected officials.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
while in town, catalyst connection
facilitated meetings between cabana
and local companies to discuss trade
issues.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
“many companies not only expressed
interest in establishing a relationship
with cuban companies, but wanted to
be part of a delegation to go down
there,” doyle said.
http://profitabletradingtips.com/trading-investing/companies-that-will-benefit-from-improved-us-cuba-relations
Interest in business opportunities in
Cuba is rapidly becoming very local
which increase the potential number
of companies that will benefit from
improved US Cuba relations.

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Companies That Will Benefit from Improved US Cuba Relations