The Traderszone Network

Published in TZ Latest News 18 December, 2014 by The TZ Newswire Staff

Cuba Opening: Stocks Likely To Gain From More Trade

Wednesday’s announcement of an easing in diplomatic and trade relations between the U.S. and Cuba lit a Roman candle beneath Cuba-related stocks, even as it ignited fireworks of a U.S. political debate. Nine of the top 10 holdings of closed-end Herzfeld Caribbean Basin Fund (CUBA) leapt 2% to 7%. The diplomatic shift should benefit companies doing business in Cuba, says Tom Herzfeld, co-manager of CUBA.

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