InterDigital Inc (IDCC)

[dilt1]

Noting there is no meat on the bones with respect to detail or methodology, the following from today's Wall Street Journal that supports what Mickey has been noting - corporate tax rate relief would provide a pop - of some degree.

Earnings

The tax plan could potentially provide a big lift to corporate earnings for publicly traded companies.

Every 1-percentage-point reduction in the effective tax rate—what companies actually pay—could increase expected earnings for companies in the S&P 500 by $1.34 a share, according to calculations by S&P Global Market Intelligence.

That might breathe new life into a long stock-market rally. Many investors have become worried that stocks are starting to look expensive, and tax cuts? “would alleviate much of the concern about valuations,” said Bruce Bittles, chief investment strategist at Robert W. Baird.

https://www.wsj.com/articles/from-warren-buffett-to-small-cap-stocks-how-trumps-tax-plan-would-affect-wall-street-1493212352?tesla=y