Here’s 2 picks with investor-pleasing news

Article Excerpt

Long-time readers know that we are constantly keep you up to date on important news affecting the stocks we cover. And, of course, we aim to spotlight developments that promise to brighter the outlook for TSI Power Growth Investors. Here are two buys that stand out this month: BROADRIDGE FINANCIAL SOLUTIONS $132.53 (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 116.1 million; Market cap: $15.2 billion; Dividend yield: 1.6%) is now partnering with IBM (symbol IBM on New York) to create cloud-based solutions for clients in the financial services area. As part of this collaboration, Broadridge will develop The Broadridge Private Cloud. IBM will power it using its Red Hat OpenShift platform. Private Cloud will help Broadridge manage workloads across its entire cloud infrastructure and enhance its capabilities around next-generation and mission-critical software and systems. Under the partnership, Broadridge will transfer a significant part of its computing infrastructure to IBM. Considering the importance of advanced technology in attracting and retaining clients, the partnership with IBM is a key…