Search

Electrical equipment companies expect to increase earnings in 1996 with new product development, increased market penetration, and overseas market expansion, especially in Eastern and Western Europe. Divestments and acquisitions, along with enhanced productivity, also helps earnings growth in this industry. Conservative investors will find safe stocks here with three to five year potential, although many are not timely for 1996.

Increasingly reciprocal trade between the US and the Far East is providing an exciting and rapidly growing market for the US electronics industry. Capital equipment is an area where US manufacturers have an advantage, and as Far Eastern factories become more involved in parts fabrication, they will need state-of-the-art equipment. Several US companies are actively involved in Far East ventures, including Harris Corp, California Microwave and Varian Corp, making them potentially sound investment choices.

Financial profiles of companies not yet assigned an industry classification by The Value Line Investment Survey are provided. The companies examined are electric power generators/distributors ASEA AB and ENDESA, educational products marketer Jostens Inc and computerized payroll/accounting services provider Paychex Inc.