Andrew Snyder says savvy investors can earn some quick profits on the back of the government’s $700bn bailout plan. A company like General Electric (NYSE:GE) doesn’t need a cash injection to survive, but can use a “shot in the arm” to revitalise growth.

This from Today’s Financial News:

With $700 billion on the table, all sorts of companies are looking to get their hands on some cheap money. The way I figure it, every company that made the SEC’s recent no-short list has a shot at the bailout funds.

That means [a company like] General Electric (NYSE:GE) has a chance at a significant shot in the arm over the next few weeks as checks are written and put in the mail.

A lot of companies need the money. Some of them will use it just to keep in business. And others will take it and still manage to fail. But a handful of the best-managed companies will use the money as a springboard to larger profits down the road.

General Electric will be one of these companies.

Officials recently told us if bailout money was offered to GE, it would seriously consider taking it. Essentially, that is press-release code for, “Give us some money please.”

Fortunately, General Electric does not need the money to survive. It does, however, need the money to create lots of new jobs and get back to the double-digit growth rate investors are accustomed to. That is why the government will be willing to write the behemoth conglomerate a sizeable check.

General Electric is not the only company that will benefit. There are dozens of companies that are drooling over the handout opportunity that do not necessarily need extra capital to survive, but will take it in an effort to get the economy soaring once again.

Investors that take advantage of these artificial cash flows will profit handsomely. I already recommended buying shares of GE last week and readers that followed my advice are up by more than 15%.

There will be more companies like GE, so keep an eye on the markets and stay tuned to this site. I will let you know the moment I see another profit opportunity arise.

Source: The Fed hired who?