TYC headquartered in Bermuda and is at 52 W high. IBM sending jobs to India by the thousands and stock doing very well.
Not to hard to see market is rewarding these stocks in jobless recovery. Jobs at home less important to amdministration right now then bringing overseas capital to buy our mulitnationals that are demoninated in cheap dollars and still have penion liabilities. Dial went today to Henkel.
How braod a brush in terms of potential candidates can Euroland and even China take to our US equities that are "undervalued".