Now that President Barack Obama has signed the $787 billion stimulus package, we can now take a deeper look to see which companies and funds may benefit.
To meet Obama's pledge to "save or create 3.5 million jobs and get our economy back on track," the package provides a plethora of perks.
To re-prime the retail pump, direct aid to individuals is slated to come in the form of a $250 one-time payment to Social Security recipients. For those of us still holding down a job, an income-capped $400 tax credit can be doled out in our paychecks as soon as withholding tables can be updated. Look for this money to begin to flow in the second quarter.
The two consumer-staples retailers favored by TheStreet.com Ratings' stock model are Wal-Mart