It’s called “tax inversion,” but it means “run from the IRS.” As Congress threatens to change the tax code to keep American firms in the United States, dozens of them look to head overseas.
The irony wasn’t lost on Shah, who stopped by Fox Business‘s “Real Halftime Report” on Wednesday.
Among the day’s top stories: Boeing (NYSE: BA) drops while its profits rise 52%. What’s going on? And Apple Inc. (Nasdaq: AAPL) adds another $13.8 billion to its cash pile.
And Shah calls one tech leader “a terrific stock” and “a buy.” In fact, he sees it climbing 33%.