Under the Obama-GOP tax agreement, companies will have the ability to expense 100 percent of a capital investment in 2011. This change could have positive ramifications, particularly for technology stocks, says Dickson.
A flood of investment dollars may benefit telecom companies, data-networking firms, and data-security outfits, he adds. If this happens, he can envision the investment push “backing into the semiconductor stocks,” since many of the devices companies will purchase will have some computer components.
