Company A plans to invest and purchase stocks with a sum of long-term funds. The stocks of M Company and N Company are available for choice, and Company A only plans to invest in one company. It is known that the current market price of the shares of M Company is 9 yuan per share, and the dividend per share of last year was 0.15 yuan. It is expected to grow by 6% a year in the future. The current market price of the shares of N Company is 7 yuan per share, and the dividend per share of last year was 0.60 yuan. The dividend distribution policy will always adhere to the fixed dividend policy. The required return rate of investment of A Company is 8%.

(1) Using stock valuation model. Calculate the stock value of M and N company respectively.

(2) Generation A enterprises make stock investment decisions.