Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House

These are the top stocks to buy based on the 2020 U.S. presidential election

No matter who wins at the ballot box, some investors will profit handsomely this November. Will you? Prep your portfolio for the upcoming U.S. presidential election with these top stocks to buy. Picks are updated daily by the sharpest investing minds in the business. 


Latest Updates:

7 Infrastructure Stocks to Buy for Trump or Biden

[Wednesday, September 30, 2:05 pm]
Contributed by Sarah Smith

Doesn’t boring sound nice after last night’s debate? I sure think so.

Turns out that InvestorPlace contributor Bret Kenwell agrees.

President Donald Trump and former Vice President Joe Biden duked it out over the future of healthcare, law enforcement, the novel coronavirus pandemic, the economy and climate change. Voters have expressed fear over these key issues, as well as over Election Day itself. With all of this chaos, it is hard for investors to know just what to do.

That is why Kenwell is recommending that Wall Street turn to infrastructure stocks ahead of the election. No one is about to call equipment rental or concrete sexy, but chances are, they will be incredibly stable. Why? So-called boring infrastructure companies can navigate the volatility, keep doing their business, and come out on the other side stronger.

But there is another big reason to turn to infrastructure stocks now. Both Trump and Biden are likely to funnel more money into infrastructure spending. Construction projects like roads and bridges and 5G cell towers would get Americans back to work. That is why many lawmakers — and even Trump himself — have voiced support for an infrastructure-focused stimulus package. A Biden presidency may bring more clean energy projects, such as building out the infrastructure for electric vehicle charging stations, but it could still be a boon for the industry.

With that in mind, here are seven infrastructure stocks to buy now:

  • Caterpillar (NYSE:CAT)
  • Cummins (NYSE:CMI)
  • United Rentals (NYSE:URI)
  • U.S. Concrete (NASDAQ:USCR)
  • American Tower (NYSE:AMT)
  • Blackstone (NYSE:BX)
  • Fluor (NYSE:FLR)

Buy Blink Charging Stock for a Biden EV Boom

[Wednesday, September 30, 9:52 am]
Contributed by Sarah Smith

Blink Charging (NASDAQ:BLNK), one of the only public pure plays on electric vehicle charging, is seeing its stock rally in the market today. Shares were up 5% in pre-market trading, and are now up more than 9%. Here is what investors need to know:

  • A Bank of America analyst wrote yesterday that, over the next four years, half of all vehicle models produced will likely rely on alternative fuels.
  • Blink Charging — with its nationwide network — would be able to power those new models.
  • Behind the boom in EV production is a new goal from California. Gov. Gavin Newsom wants to end state sales of gas-powered cars.
  • There is also the key element of the election year. Former Vice President Joe Biden is much more likely to support Newsom, and therefore a rally in BLNK stock.
  • For more, read the brief here.

Devon Energy Stock Looks Like a Buy on WPX Acquisition

[Monday, September 28, 10:24 am]
Contributed by Sarah Smith

Devon Energy (NYSE:DVN) is looking to please investors and shore up its fortress. It just announced that it would acquire shale peer WPX Energy (NYSE:WPX). Here is everything investors need to know:

  • Devon will spend $2.56 billion to acquire WPX in an all-stock deal.
  • The combined company will represent one of the largest independent U.S. shale producers.
  • Together, Devon and WPX have a significant presence in the hottest regions of the Permian Basin.
  • The deal should also protect Devon from political risks if former Vice President Joe Biden wins in November. Biden has promised to ban fracking on federal lands, which would affect DVN acreage in Delaware.
  • For more, read the brief on DVN stock here.

23 Electric Car Stocks to Buy for a Biden Victory

[Friday, September 25, 3:38 pm]
Contributed by Sarah Smith

California is fueling up the race toward all-electric vehicles. In an announcement Wednesday, Gov. Gavin Newsom told state lawmakers they need to start drafting legislation with one goal in mind: Ending the sale of gas-powered cars by 2035. The fate of his proclamation rests almost entirely on the upcoming November presidential election.

Earlier this week we highlighted just what is at stake with the Supreme Court. Following the death of Justice Ruth Bader Ginsburg, President Donald Trump is racing to nominate and confirm her replacement. If he succeeds, one of the biggest issues on the docket is the environment. Trump is likely push for a rollback in carbon emissions regulations, and California could come under fire.

Investors should note that Trump has already bashed Newsom’s plan — calling it “anti-consumer.” If he were to win his reelection and see his SCOTUS pick confirmed, he could “eliminate” the legislation. While this would be a boon for companies behind gas-powered cars, it would throw a big wrench in California’s plan to fight climate change.

Former Vice President Joe Biden is a fan of electric vehicles, and many industry experts think he would support any move from California to eliminate sales of gas-powered vehicles. Plus, he could keep the issue from ever reaching the Supreme Court.

But what does this all mean? If you are betting on Biden winning, it is time to start betting on electric car stocks. California may be ahead of the game, but other states will surely follow in its footsteps. To prepare your portfolio, check out this all-encompassing guide to EVs from InvestorPlace. While not all names on the list are pure plays on the space, these 23 companies are all embracing an electric future.

Here are the first 10 stocks to buy (click here for the full list):

  • Tesla (NASDAQ:TSLA)
  • General Motors (NYSE:GM)
  • Nikola (NASDAQ:NKLA)
  • Fisker (NYSE:SPAQ)
  • Ford (NYSE:F)
  • Workhorse (NASDAQ:WKHS)
  • Lordstown Motors (NASDAQ:DPHC)
  • Nio (NYSE:NIO)
  • Li Auto (NASDAQ:LI)
  • Kandi Technologies (NASDAQ:KNDI)

6 Small-Cap Stocks to Buy No Matter Who Wins

[Friday, September 25, 11:10 am]
Contributed by Sarah Smith

Earlier this week, we reported on one major trend that is shaping up ahead of the U.S. presidential election. Analysts and investment managers are starting to shift toward small-capitalization stocks, hoping to benefit no matter who ends up in the White House.

At the time, we shared how Dan Pipitone, the co-founder of the TradeZero America platform, though a combination of sector rotation and historical outperformance would make small-cap stocks the best way to play the election. He said that in the years immediately following presidential elections, the market typically calms down, allowing outperformance in smaller names that are typically more volatile.

It turns out that InvestorPlace’s Ian Cooper feels similarly about small-cap stocks. Citing the thinking of Pipitone, he just recommended a handful of top stocks to buy to position your portfolio for election-proof success. One of his picks was the iShares Core S&P Small-Cap ETF (NYSEARCA:IJR). Here we will pick that apart, incorporating some of the top holdings in the exchange-traded fund.

Take a close look at this list of stocks from Cooper and start shoring up your portfolio:

  • Vaxart (NASDAQ:VXRT)
  • Lithium Americas (NYSE:LAC)
  • Momenta Pharmaceuticals (NASDAQ:MNTA)
  • Neogen (NASDAQ:NEOG)
  • NeoGenomics (NASDAQ:NEO)

Sunworks Stock Pops on Electric Vehicle Hopes

[Thursday, September 24, 9:13 am]
Contributed by Sarah Smith

Investors, take note. Price action in Sunworks (NASDAQ:SUNW) Thursday indicates that the newest trend in alternate energy and electric vehicles is here. The market simply wants tiny, pure plays on these booming megatrends. Here is what you need to know about the rally in SUNW stock:

  • Sunworks has been on a tear Thursday morning, climbing almost 400% at one point in pre-market trading. At the time of this writing, it was up 260%.
  • The company recently agreed to a merger with Peck Holdings (NASDAQ:PECK), another solar company specializing in construction.
  • Many investors believe that the combined entity could launch an electric vehicle subsidiary or incorporate EVs in their business.
  • These hopes are likely thanks to a similar rally in SPI Energy (NASDAQ:SPI) yesterday.
  • Sunworks and its solar peers would also benefit from a former Vice President Joe Biden win.
  • For more, read the brief on SUNW stock here.

How Should Investors View Stocks Ahead of Trump SCOTUS Pick?

[Wednesday, September 23, 12:04 pm]
Contributed by Sarah Smith

The death of Supreme Court Justice Ruth Bader Ginsburg on Friday has investors watching Washington with bated breath. Many Americans — including some top lawmakers — are calling for a delay on a replacement nomination until Election Day. But President Donald Trump is pressing ahead, promising to name his pick by the end of this week.

The nomination, and the following confirmation vote, could have broad implications for the United States. Top legal issues at stake include the Affordable Care Act, the Roe v. Wade ruling and interpretations of federal emissions regulations. While decisions on all three would have far-reaching influence, many investors are focusing on the latter issue now.

Trump has often framed his presidency as anti-regulation, overturning policies from the era of President Barack Obama and broadly supporting the American oil industry. He also recently removed regulations that delayed infrastructure projects by requiring a review of their environmental footprint.

His second-term campaign priorities call for pushing back even more on those Obama-era regulations. Unsurprisingly, former Vice President Joe Biden takes an opposite approach, calling for a huge federal investment in clean energy infrastructure, such as electric vehicle charging stations. Biden has also promised to one day implement “aggressive” methane pollution limits. But as Ben German wrote for Axios, the nomination and quick confirmation of Trump’s pick could tie Biden’s hands.

So, who are the winners and the losers in this situation?

American automakers have argued that Trump’s calls for looser standards would hurt their bottom line. Why? These automakers — like General Motors (NYSE:GM), BMW (OTCMKTS:BMWYY) and Toyota (NYSE:TM) — have already adapted to Obama-era regulations that are in line with strict standards from California. Now that other states have embraced California’s standards, any move from Trump could force automakers to produce two lines of vehicles. Additionally, electric vehicle manufacturers like Tesla (NASDAQ:TSLA) would suffer from a reduced government focus on the environment.

Companies that mine palladium, platinum and rhodium are other losers. This list includes Norilsk Nickel (OTCMKTS:NILSY), Sibanye Stillwater (NYSE:SBSW) and Impala Platinum (OTCMKTS:IMPUY).

Perhaps more obviously, the winners in such a situation are traditional oil and gas companies. Although some of the biggest players like Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) have pledged to reduce their emissions, Trump has long said looser regulations benefit the smaller companies in the space. His moves would make it so that these smaller companies have to spend less to comply. Potential winners here include Oasis Petroleum (NASDAQ:OAS), Abraxas Petroleum (NASDAQ:AXAS) and Energy Transfer (NYSE:ET).

7 Small-Cap Stocks to Buy for Election-Proof Returns

[Tuesday, September 22, 3:32 pm]
Contributed by Sarah Smith

Investors are all looking for a rock to cling to and get through the storm. Just a few weeks ago, that universal rock was Big Tech. The likes of Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) got the stock market through the first few months of the novel coronavirus crisis — and a massive selloff. Now, as investors brace themselves for the next storm in November, they are once again looking for shelter.

According to Dan Pipitone, co-founder of the TradeZero America investment platform, smart investors should be turning to small-cap, or at least smaller, stocks. That sounds rather contrarian. Would you not want to grab onto big, solid names on Wall Street? Who wants to take their chances with more volatile equities ahead of an historic election?

Pipitone puts it simply. Sector rotation out of tech stocks is happening, as we have seen in the Nasdaq Composite over the last few weeks. FAANG leaders are struggling to maintain their dominance, and investors may not want to just hold on for the wild ride.

Plus, history tells us that small stocks outperform in the years immediately following presidential elections. Why? Once the initial rush of headlines, debates and drama is over, presidents get down to business and focus on policy. This creates a major opportunity for small-cap stocks.

Fund managers are following this advice, working to find high-quality, small-cap stocks to recommend before the election. Some of the most popular names include Brazilian payments firm StoneCo (NASDAQ:STNE) and coronavirus vaccine makers Vaxart (NASDAQ:VXRT) and iBio (NYSEMKT:IBIO). Each of these companies offers investors a chance to ride a hot trend with slightly more payout potential in the aftermath of the election.

If you want to shore up your portfolio and profit from major market trends, consider this list of top small-cap stocks to buy from InvestorPlace analyst Louis Navellier:

  • Camping World Holdings (NYSE:CWH)
  • Forterra (NASDAQ:FRTA)
  • MarineMax (NYSE:HZO)
  • K12 Inc (NYSE:LRN)
  • Superior Group of Companies (NASDAQ:SGC)
  • Shutterstock (NYSE:SSTK)
  • Viemed Healthcare (NASDAQ:VMD)

Buy 'Fundamentally Superior' Stocks Ahead of the Election

[Tuesday, September 22, 11:31 am]
Contributed by Sarah Smith

InvestorPlace analyst Louis Navellier knows that many Americans are worried about the election. They want to know how the results will impact their portfolios… and all other aspects of their everyday lives.

Navellier has a resounding message for investors: Buy “fundamentally superior” stocks.

You may find this stance to be surprising. There is certainly a lot of volatility and fear surrounding the November election. Who will win? What policies will be enacted? How will those policies impact the stock market? Business? Taxes? Navellier is betting that no matter the answers to those questions, it is time to buy stocks.

Broadly, Navellier thinks the fact that interest rates will remain low is an upside catalyst for the market. We just recently reported on plans from the Federal Reserve to keep interest rates at near-zero levels through 2023. And as Navellier highlights, even if the Fed wanted to reverse that strategy, a $3.3 trillion deficit is weighing on the central bank.

With this all in mind, Navellier is recommending that investors buy a group of stocks he sees as fundamentally superior. He is looking for high-quality stocks that are in a prime position for profits for the rest of the year. If you want to ride through the election with nothing but gains on your mind, consider following his advice.

Read the rest of his thoughts on the election here.

7 Coronavirus Vaccine Stocks to Buy on Trump Promises

[Monday, September 21, 1:54 pm]
Contributed by Sarah Smith

Last week was filled with headline after headline after headline about vaccines for the novel coronavirus. Not content to play second fiddle, President Donald Trump made some coronavirus news of his own Friday afternoon.

It all started with AstraZeneca (NYSE:AZN). Kicking off the week, investors learned that the pharmaceutical company had received approval to restart its vaccine trials with the University of Oxford. Largely considered a leader in the vaccine race, it was a blow when AstraZeneca had to pause trials over a participant who developed an unexplained illness.

After AstraZeneca we saw market-moving headlines from pretty much every other pharma and biotech company under the sun. Trials are progressing, results are promising, companies are just weeks or months away from seeking regulatory approval. Some companies are even targeting such approval by the end of 2020.

Trump saw his chance. On Friday, he announced that the United States would manufacture at least 100 million doses of a coronavirus vaccine by December and be able to inoculate every American by April. Once again leaning into the military as a means of delivering the vaccine, Trump promised that each month would see hundreds of millions more doses ready to go. His latest update on Operation Warp Speed comes as he continues to link vaccine approval to his reelection chances.

There are two things for investors to note here. The first is that regulatory and health agencies such as the Centers for Disease Control and Prevention are not necessarily on board with the president. Other experts have pushed back on his rapid timeline, saying it would more likely be mid-2021 before such a vaccine was ready for mass deployment. Investors should also note that, like it or not, any indication of early approval from Trump would be a huge boost to the stock market.

With that in mind, here are the seven top coronavirus vaccine stocks to watch now, courtesy of InvestorPlace’s Thomas Niel:

  • AstraZeneca (NYSE:AZN)
  • CureVac (NASDAQ:CVAC)
  • GlaxoSmithKline (NYSE:GSK)
  • Inovio (NASDAQ:INO)
  • Johnson & Johnson (NYSE:JNJ)
  • Moderna (NASDAQ:MRNA)
  • Novavax (NASDAQ:NVAX)

Oracle Stock Looks on Hot on Trump-Approved TikTok Deal

[Monday, September 21, 9:09 am]
Contributed by Sarah Smith

President Donald Trump has given his blessing and Oracle (NYSE:ORCL) is now rallying Monday. Investors, take note. Here is everything you need to know about Oracle stock and its minority stake in short-form video platform TikTok:

  • TikTok will now plan to come public. Oracle and Walmart (NYSE:WMT) will each be pre-IPO investors with minority stakes up to 20%.
  • To address national security concerns, Oracle will take over American user data.
  • This deal has fulfilled demands from President Donald Trump and received his approval.
  • Investors should also be wondering what this means for U.S.-China tech relations.
  • For more, read the brief on Oracle stock here.

8 Stocks to Buy Ahead of a Biden-Driven Tax Increase

[Friday, September 18, 3:31 pm]
Contributed by Sarah Smith

The jury is out, at least according to analysts at Goldman Sachs.

The firm spent Friday addressing key questions many investors have ahead of the November U.S. presidential election. With so much uncertainty swirling, it can be hard to proceed. Who will win? President Donald Trump or former Vice President Joe Biden? What would such a victory mean for the stock market?

Recognizing this concern, Goldman Sachs addressed how investors should be prepping for the election results to alter their portfolio. Apparently, the firm is mostly guiding clients to brace for higher taxes as a result of a Biden victory. A Democratic victory would likely see the corporate tax rate, as well as the capital gains tax, increase. Analysts say tech stocks, communications stocks and healthcare stocks would suffer most (subscription required).

So if the big boys on Wall Street are positioning themselves for higher taxes, how can you profit? According to one expert, Charles Lewis Sizemore, the answer is real estate investment trusts.

Sizemore wrote recently for Kiplinger that one negative consequence of the 2017 Tax Cuts and Jobs Act was that REITs — traditionally a special tax shelter — became much less appealing. Prior to that landmark legislation, the corporation tax rate was at 35%. Trump brought it down to 21%. Real estate investment trusts used to attract investors because they are spared from paying federal income tax as long as they pay out 90% of their profits as dividends. But an overall lower tax rate incentivized many investors to branch out from the world of REITs.

If the corporate tax rate reverses higher, investors may be more keen on REITs again. In fact, Goldman Sachs predicts that a Democratic victory could see the corporate tax rate return to 28%. With this in mind, Sizemore recommends Realty Income (NYSE:O).

To profit like Sizemore, consider these high-yielding REITs now:

  • STAG Industrial (NYSE:STAG)
  • Getty Realty (NYSE:GTY)
  • Healthcare Trust of America (NYSE:HTA)
  • Agree Realty (NYSE:ADC)
  • Healthpeak Properties (NYSE:PEAK)
  • CoreSite Realty (NYSE:COR)
  • Vanguard Real Estate ETF (NYSEARCA:VNQ)
  • Realty Income (NYSE:O)

7 Pro-Immigration Companies Betting on a Biden Victory

[Thursday, September 17, 3:07 pm]
Contributed by Sarah Smith

The novel coronavirus and the policies of President Donald Trump have intersected to create one deadly reality. Cities in the United States are short on immigrants.

At the start of the pandemic the U.S. closed its doors to immigrants. Borders closed. Trump — with the support of the U.S. Department of Homeland Security and Immigration Customs and Enforcement — have continuously expanded limitations on immigration in the name of public health. The U.S. suspended new green card applications from abroad, attempted to block asylum seekers and indefinitely postponed hearings for various immigration situations.

But companies in the U.S. rely on immigrants. As Felix Salmon wrote for Axios today, cities drive American economic growth, and immigrants drive cities. The U.S. issued more than 61,000 visas for skilled workers in January. That number fell to just 494 in April.

More importantly for investors, an end to the pandemic will not immediately reverse this situation. Months of border closures and outright crackdowns on immigration inflows will be hard to reverse. Trump landing a second term would only solidify this reality. Executives from the world of Big Tech — like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) CEO Sundar Pichai — have used their positions to criticize the Republican stance.

This means that leading up to November, there are a handful of companies that employ immigrants — or rely on the business of immigrants — that are rooting for former Vice President Joe Biden. Policies of the Democratic candidate would likely usher in a net increase of immigration.

With that in mind, keep an eye on these seven companies ahead of the U.S. presidential election:

  • New Oriental Education & Technology Group (NYSE:EDU)
  • Mid-America Apartment Communities (NYSE:MAA)
  • Western Union (NYSE:WU)
  • MoneyGram (NASDAQ:MGI)
  • International Business Machines (NYSE:IBM)
  • Corteva (NYSE:CTVA)

7 Election Stocks to Buy for a Biden Win and Split Congress

[Thursday, September 17, 11:08 am]
Contributed by Sarah Smith

There is no shortage of predictions and polls circulating about the upcoming U.S. presidential election. Investors are likely tired of the back and forth. They just want to know who will win, and what impact their presidency will have on the stock market. A new prediction from analysts promises to be the definitive best-case scenario come November.

According to Forbes, a sweep by either President Donald Trump or former Vice President Joe Biden is not ideal for Wall Street. Instead, experts are calling for a specific scenario. They want Biden in the White House, but they want Congress to remain split between Democrats and Republicans. Why?

Sergei Klebnikov has an answer. He wrote that the stock market under Trump has certainly been generous to investors. But many individuals are hesitant because of the uncertainty he brings. Investors would benefit from a less volatile Biden presidency, but they would likely want protection from more sweeping changes via a split Congress.

So how do you invest for that best-case scenario? Bank of America analysts have taken a stab at answering that question (subscription required). This scenario benefits bank stocks, healthcare stocks, tech stocks and even chemical stocks. Biden could support new sectors like clean energy, but a split Congress would be less likely to pass stricter regulations on fracking or any legislation that would jeopardize the status quo in the pharmaceutical industry.

Here are the seven best stocks to buy for this scenario:

  • HCA Healthcare (NYSE:HCA)
  • CVS Health (NYSE:CVS)
  • Facebook (NASDAQ:FB)
  • Amazon (NASDAQ:AMZN)
  • Sherwin-Williams (NYSE:SHW)
  • Nutrien (NYSE:NTR)
  • CF Industries (NYSE:CF)

Think Tanks Agree on Biden's Clean Energy Plan

[Wednesday, September 16, 3:21 pm]
Contributed by Sarah Smith

As Wall Street continues to nervously eye policy proposals from former Vice President Joe Biden, it appears that his outlined clean energy initiatives stand out most. Why? Biden promises to invest $2 trillion in sustainable infrastructure and other eco-friendly tech. That gives investors something to be bullish on — a new sector to embrace amid the uncertainty.

Those bullish investors are likely cheering news that the big think tanks agree. America — and the rest of the world — needs to embrace clean energy investment. According to two new reports, the U.S. must pour lots of money and time into innovation.

The first report is from an energy think tank at Columbia University. As Ben German summarizes for Axios, one of the biggest takeaways is that the U.S. has neglected energy innovation. It spends $9 billion per year on such initiatives, far less than annual spending on healthcare and defense. Columbia University researchers also are in alignment with Biden on the need for research and development. Outlining 10 “pillars” like clean electricity and advanced transportation, their plan could see the U.S. race into the green future.

Importantly, Republicans are more likely to embrace R&D than new regulations.

The second report is from the think tank Breakthrough Energy, which has the backing of Microsoft (NASDAQ:MSFT) founder Bill Gates. Those researchers said the U.S. was falling behind in clean energy investments, and needed to up R&D significantly.

But why should investors care that tree-hugging think tanks are on board with Biden? Well, we have seen attempts by Republicans to paint the Democratic plan as harmful to the American economy and its blue-collar workers. If there is real evidence that through focusing on research and development — such as through a $2 trillion commitment — lawmakers could bolster the economy, that would help Biden.

And at the end of the day, it strengthens the case for clean energy plays like electric vehicle and hydrogen stocks.

5 Stocks to Buy That Should Thrive Under Joe Biden

[Tuesday, September 15, 2:56 pm]
Contributed by Sarah Smith

InvestorPlace contributor Dana Blankenhorn is bracing himself for November. Why? Blankenhorn is a Democrat, but he understands why Wall Street is so in favor of President Donald Trump. He also admits that the stock market likely will not do as well under former Vice President Joe Biden.

To prepare, he is looking for stocks that will thrive under Biden, even if the market performs poorly.

His picks span various industries — big banks, a chipmaker and even a grocery chain. For various reasons, including environmentally friendly moves into electric cars, good values and generous dividends, Blankenhorn is bullish on these five election stocks to buy.

If you share his mindset, try these five diverse stocks:

  • General Motors (NYSE:GM)
  • Kroger (NYSE:KR)
  • Bank of America (NYSE:BAC)
  • Bed, Bath & Beyond (NASDAQ:BBBY)
  • Intel (NASDAQ:INTC)

4 Oil Stocks Clinging to President Donald Trump

[Tuesday, September 15, 1:15 pm]
Contributed by Sarah Smith

Supporters of President Donald Trump may have just found their newest argument against former Vice President Joe Biden. Republicans are now working to spin a plan to support union jobs and boost production of clean energy as bad for the economy. Why?

They say it will cut as many as 5 million blue-collar jobs.

According to the argument laid out by Stephen Moore for Fox Business, Biden keeps flip-flopping on energy. As we have previously reported in this blog, the Democratic candidate once took a harsher stance on fracking, aligning himself with the likes of Sen. Bernie Sanders. More recently, he promised not to ban fracking. Which is it?

Moore then goes on to explain how clean energy sources make up so little of American energy use. Oil and gas companies do the rest of the heavy lifting. According to Moore, these companies account for between 5 million and 10 million jobs in the U.S. Most of these jobs, he writes, are blue-collar and high-paying. Would Biden then destroy a booming, American-made segment of the economy?

As the Democratic candidate works to refine his energy platform, there is a lot of room for Republicans to run. Look for Trump and his supporters to take this argument and build a case against Biden. Expect many oil and gas workers, who Trump supports, to vote for a second term.

With this in mind, know that many oil and gas stocks with large U.S. operations are likely rooting for Trump. A Biden presidency would just bring too much uncertainty. Here are four to watch:

  • Chevron (NYSE:CVX)
  • Occidental Petroleum (NYSE:OXY)
  • Kinder Morgan (NYSE:KMI)
  • Energy Transfer (NYSE:ET)

5 Defense Stocks to Buy as Biden Keeps Boots on the Ground

[Monday, September 14, 2:40 pm]
Contributed by Sarah Smith

Well, maybe Sen. Rand Paul was right. Former Vice President Joe Biden could give defense stocks just the boost they need.

During the Republican National Convention, supporters of President Donald Trump sought to position him as an anti-war president. Focusing on his efforts to withdraw troops, and his broader opposition to military spending, it seemed as if Trump would be a threat to defense companies. However, as we soon reported in this blog, there is more to that story than meets the eye.

Yearly increases in defense spending under Trump, as well as his broad support for the U.S. Space Force and American dominance, paint a pretty picture for leading defense stocks. But maybe those same stocks to buy would perform even better under a Biden presidency.

Why? On Thursday, Biden appealed to centrist voters with a promise he would maintain the U.S. military presence in the Middle East. Although he does support drawing down troops, he emphasized that it is important to keep troops present because of ongoing counter-terrorism efforts. Biden specifically mentioned efforts to counter ISIS, and other special operations.

For investors, this means that while a Biden presidency may reduce the overall number of troops in the Middle East, it would not meaningfully change current U.S. military strategy. More progressive members of the Democratic party have criticized Biden, including Sen. Bernie Sanders, who once commented on how Biden was responsible for the war in Iraq.

Plus, citing concerns over growing threats from Russia and China, Biden promised he would not make any significant cuts to the U.S. defense budget. This does give Trump some further ammo against the Democratic candidate, but it should also help Biden appeal to more moderate voters. Currently he is working to counter the narrative supported by many Republicans that he is a socialist, or as progressive as the likes of Sanders and Rep. Alexandria Ocasio-Cortez.

As you are squaring up your portfolio prior to Election Day, give these top defense stocks a close look:

  • Northrop Grumman (NYSE:NOC)
  • Lockheed Martin (NYSE:LMT)
  • ManTech (NASDAQ:MANT)
  • Raytheon Technologies (NYSE:RTX)
  • Leidos (NYSE:LDOS)

Is Amazon Stock the Best Election-Proof Play Right Now?

[Monday, September 14, 11:36 am]
Contributed by Sarah Smith

There is no denying that Amazon (NASDAQ:AMZN) is simply one of the best stocks on the market. Where it goes, the rest of Wall Street follows. Even accounting for the broader slump in Big Tech, Amazon has been on a tear this year. Shares are up more than 70% so far in 2020.

If you are looking to prep your portfolio for Election Day, there may be no better place to start. Whether President Donald Trump or former Vice President Joe Biden ends up in the White House, Amazon should have significant upside potential. That makes it one of the best election-proof stocks to buy now.

Let’s start with the Biden catalyst.

Last week, Amazon hired Peter Marquez to be its first head of space policy. This comes after the company launched its Aerospace and Satellite Solutions division through Amazon Web Services (AWS) in June. And importantly, Marquez comes with quite the impressive resume. He served as the director of space policy for the White House’s National Security Council under both former President Barack Obama and former President George W. Bush.

Why does this matter? As Hayden Field wrote for Emerging Tech Brew, Amazon has identified building up its relationship with the U.S. military as a top priority. With the U.S. Space Force ramping up, moves from the tech leader to build up industry expertise and leadership could give it that desired in. And while this could help it under Trump — who launched the Space Force — Amazon has a less-than-ideal relationship with the current president. The company blames Trump bias for it losing out to Microsoft (NASDAQ:MSFT) on the coveted JEDI contract from the U.S. Department of Defense.

With Biden in office and Marquez at the helm of its space division, Amazon could see the military door finally open in a more meaningful way.

Now for the Trump catalyst.

Sure, Trump and Amazon are far from best buds. Optimistic investors can still view its growing leadership in space solutions, and its exemplification of American market dominance, as two factors that could boost its relationship with Trump under a second term. More importantly, as InvestorPlace contributor Josh Enomoto highlighted last week, Trump is not a fan of unionization efforts.

Despite other major ideological differences, neither is Amazon CEO Jeff Bezos. As Amazon continues to push back against unions, it could find itself an ally in Trump — and more broadly, in a Republican administration. Enomoto admits it is far from a sure bet, but you should keep it in mind.

4 Election-Proof Pharmaceutical Stocks to Buy Now

[Friday, September 11, 3:30 pm]
Contributed by Sarah Smith

As we have previously reported in this blog, investors are nervous when it comes to pharmaceutical stocks ahead of the U.S. presidential election. Both President Donald Trump and former Vice President Joe Biden have taken aim at the space, largely agreeing that prescription drug prices need to be much lower. But one analyst is convinced the risk is overstated.

According to JPMorgan analyst Chris Schott, pharmaceutical stocks are way cheap compared to the broader stock market. Names in the sector are trading for 13.5 times projected 2021 earnings, while the S&P 500 trades at 20.2 times projected 2021 earnings. Ahead of the election then, the analyst sees the risks of any legislative action priced in.

Adding to that bull case on pharmaceutical stocks, Schott outlines just what it would take to materially lower drug prices. His takeaway? As told through Barron’s Andrew Bary, the federal government does not have that much power. In fact, government programs like Medicare and Medicaid only account for about 20% of drug revenue.

For investors, that means there is a real opportunity still in the space, especially with leading drug stocks trading at cheap valuations. Before the election was top of mind, the pharmaceutical and biotech space represented big potential. Just think about how many drugs and vaccines are in development or in clinical trials for the novel coronavirus! That potential has not disappeared, although it has been overshadowed by election-year woes.

Sorting through the noise, Schott has identified four pharmaceutical stocks that he thinks are strong. They all fetch good valuations, and importantly, have strong drugs and robust pipelines. Areas of specialty include critical cancer treatments, coronavirus candidates and medications for chronic diseases like diabetes.

To embrace this value play, start with these four election-proof pharmaceutical stocks:

  • Eli Lilly (NYSE:LLY)
  • AbbVie (NYSE:ABBV)
  • Bristol-Myers Squibb (NYSE:BMY)
  • Merck (NYSE:MRK)

Biden Campaign, SPAC Craze Combine With New Offering

[Friday, September 11, 12:36 pm]
Contributed by Sarah Smith

Here are two truths. The first is that former Vice President Joe Biden is making a big bet on climate action, focusing campaign priorities on clean energy, electric vehicles and sustainable infrastructure. The second is that investors are diving into offerings from special purpose acquisition companies.

These two realities are finding a surprising marriage on Friday, as Wall Street learned of a new blank-check company. According to Renaissance Capital, Climate Change Crisis Real Impact I Acquisition just filed with the U.S. Securities and Exchange to Commission to come public. Its common stock should trade on the New York Stock Exchange under the symbol CLII.

Mary Powell, the former CEO of Green Mountain Energy, and David Crane, the former CEO of NRG Energy (NYSE:NRG), are behind this newest SPAC. Together, they lay out their business case:

  • Climate change is the “foundational” issue facing the world today.
  • The economic opportunity for avoiding additional carbon emissions is worth roughly $2 trillion each year.
  • Removing carbon emissions already in the atmosphere adds $7.5 trillion of economic opportunity over the next 30 years.
  • Over 1,300 companies with a combined market capitalization of $25 trillion have already signed onto a net-zero carbon goal for the long term.

With this in mind, the blank-check company wants to use funds it raises to make a difference. According to its S-1 filing, it will raise $200 million by offering 20 million units at $10 each. From there, CLII will look to complete a reverse merger with a business operating in the climate sector — such as in renewable energy solutions.

Keep in mind that Biden is seriously leaning into his climate-focused priorities. He has already promised to invest $2 trillion in American-made clean energy and sustainable infrastructure. And now, Democrats in the Senate and House of Representatives are working to further this commitment, tying the climate crisis into issues such as racial justice and income inequality.

As Ben German wrote for Axios today, Biden and his team understand that enacting a bold climate plan will require a careful strategy. He continues to prove his commitment, making the future for CLII and its future acquisition all the more bright.

Ultimate Guide: 20 Stocks to Buy if Trump Wins

[Friday, September 11, 11:47 am]
Contributed by Sarah Smith

Today InvestorPlace contributor Josh Enomoto took a broad stab at identifying election stocks to buy if President Donald Trump secures a second term in the White House.

Enomoto has a potentially unique thesis behind why Trump will win — and how investors can profit ahead of the election. To him, one of the greatest strengths of the Trump campaign is its ability to lean into the fractures in society. For instance, Enomoto wrote this morning that claims by Trump and his supporters that Chinese people were to blame for the spread of the novel coronavirus, such as through calling it the “Chinese virus,” he placed a blame on an individual demographic to push himself forward.

As Chinese Americans, as well as other Asian Americans, buy firearms in response, Enomoto already sees a reelection story playing out. Unsurprisingly, gun stocks are just some of the winners he is adding to his Trump-focused portfolio.

What else does this portfolio include? Enomoto touches on the basics of Trump’s second-term campaign priorities, adding defense stocks, tax-prep stocks and even a real estate investment trust focusing on for-profit private prisons.

If you want to take a big, all-encompassing bet on Trump, follow his lead. Here are his first 10 recommendations for Trump stocks to buy:

  • Lockheed Martin (NYSE:LMT)
  • Northrop Grumman (NYSE:NOC)
  • Raytheon Technologies (NYSE:RTX)
  • Caterpillar (NYSE:CAT)
  • Deere & Company (NYSE:DE)
  • Vulcan Materials Company (NYSE:VMC)
  • H&R Block (NYSE:HRB)
  • Intuit (NASDAQ:INTU)
  • Microsoft (NASDAQ:MSFT)
  • New York Times (NYSE:NYT)

What a Trump Ban on Xinjiang Cotton Means for Investors

[Thursday, September 10, 4:44 pm]
Contributed by Sarah Smith

In the blink of an eye — or just the roll of a credit — Disney (NYSE:DIS) found itself caught in a battle between the United States and China.

The entertainment giant released a live-action remake of Mulan last week, almost instantly prompting hashtags like #BoycottMulan to trend on social media. Why? Lead actress Liu Yifei had previously shared her support for the Hong Kong police, who pro-democracy activists have repeatedly accused of using excessive force. Making matters worse is the fact that Disney filmed parts of the movie in the Xinjiang region of China, and the company thanked governmental bodies in Xinjiang in the credits.

Boycotts and other activist efforts have prompted many to reflect on human rights concerns in the region, such as forced labor in concentration camps and reeducation from the Chinese Communist Party. Xinjiang is home to Uighurs and Kazakhs, largely Muslim minorities.

Now, in a move that perfectly fits into his plans to bring more manufacturing back to the United States, President Donald Trump is calling for a ban on some or all products made with cotton from the Xinjiang region. Such a move would punish Beijing, but it would also seriously impact many apparel retailers and various other manufacturers. As Felix Salmon wrote for Axios, a ban on Xinjiang Production and Construction Corps (XPCC), a major cotton producer, is essentially a ban on the entire Chinese garment industry.

Simply put, the current situation is a ticking time bomb.

How broad will the ban be? How will U.S. companies respond?

As industry experts brace themselves for the blowback on U.S. retail, it makes sense that investors should start positioning themselves in retail stocks that are decoupled from China. If Trump ends up back in the White House, there is no telling how far this will escalate. And although former Vice President Joe Biden has criticized the current tariffs, CNBC wrote his hands may be tied.

Investors should pay attention to Levi Strauss (NYSE:LEVI) and Crocs (NASDAQ:CROX), two companies that have already cut manufacturing ties to China. Watch for more companies to follow suit with bold plans in place, and then follow.

One more note: So-called “Made in America” plays will also benefit from recent trade developments. Check out our list of stocks to buy for that trend here.

7 Long-Term Stocks to Buy as Traders Turn to the VIX

[Thursday, September 10, 2:52 pm]
Contributed by Sarah Smith

Ahead of the U.S. presidential election, there is not much that anyone agrees on. Wall Street largely believes we will see some volatility, citing an increase in mail-in voting and warnings from President Donald Trump of voter fraud. Plus, the gap between Trump and former Vice President Joe Biden is starting to narrow, making the outcome even more certain.

Wall Street also agrees, however, that the coming market volatility is not a good reason to sell.

Today, Fred Imbert wrote for CNBC that traders were stocking up on so-called “market insurance.” Futures contracts for the CBOE Volatility Index (VIX) set to expire after the election remain high — even those contracts that expire a few weeks after Election Day (subscription required).

Why? Any sort of contested election — especially due to mail-in voting or allegations of fraud — would make investors more than a little uneasy. Although there is not much data to go off, we know that the market pulled back in 2000 between Election Day and when former Vice President Al Gore conceded.

However, there is another thing unusual to note. Instead of usual levels of post-election volatility, futures contracts for the VIX suggest traders are expecting a prolonged period of market uncertainty. Likely concerned about how long the results would be contested, contracts that expire in December and even at the end of January remain elevated.

Laura Gonzalez, an associate professor of finance at California State University, Long Beach, told InvestorPlace that the ongoing pandemic also extends the volatility.

“[T]he market is going to be [unpredictable] beyond the presidential election for the simple reason that it is going to take at least a year to have the pandemic under wraps around the world. The other reason is over-valued securities. We know that this has been the case for a while, that the trading above fundamentals would need a correction at some point. What investors did not predict was the combination of a correction with a pandemic and a major election with potentially significant regulatory changes.”

According to Imbert, professional money managers are taking notice of the VIX, reallocating client portfolios into higher-quality equities ahead of the election. That makes a lot of sense. It is fun — and it has been wildly profitable — to chase vaccine makers and up-and-coming tech plays. But it could also pay off to put your money behind companies you know will exist in a decade or two.

If you like the sound of that, you are in luck. InvestorPlace’s Joel Baglole rounded up seven long-term stocks to buy this morning. His picks are thriving now, and they should keep thriving no matter what happens next.

  • Home Depot (NYSE:HD)
  • Walmart (NYSE:WMT)
  • Microsoft (NASDAQ:MSFT)
  • Disney (NYSE:DIS)
  • JPMorgan Chase (NYSE:JPM)
  • Amazon (NASDAQ:AMZN)
  • Starbucks (NASDAQ:SBUX)

Freeport-McMoRan Could Soar If Biden Gets Elected

[Thursday, September 10, 1:45 pm]
Contributed by Sarah Smith

If former Vice President Joe Biden takes the White House in November, Freeport-McMoRan (NYSE:FCX) could soar.

Biden — along with the rest of Wall Street — is rooting for electric vehicles. We have seen a summer filled with new market debuts, advancements in charging and battery technology, and unbelievable rallies in some of the industry leaders. Tesla (NASDAQ:TSLA) is now the largest automaker by market capitalization.

As Wall Street drives electric car stocks higher, Biden is proposing initiatives that would boost consumer adoption of electric vehicles. He has pledged $2 trillion to sustainable infrastructure, including charging stations, and has promised to support a cash for clunkers program. If Biden wins in November, it would be the perfect recipe to see Tesla and its peers pop.

But for Tesla to churn out more vehicles and litter the U.S. with charging stations, it needs one key ingredient. Copper. Copper is essential in electrical vehicles — you can find it in motors, batteries, wiring and charging stations. Some estimates even suggest that each fully electric car uses one mile of copper!

On that note, this week has seen a record rally in copper prices.

According to Axios’ Bryan Walsh, Chinese demand for copper sent supply plummeting and prices climbing. This supply-demand calculation looks ripe for more price gains. Walsh also highlights that this is far from a short-term phenomenon. Copper use has grown almost 40% in the last decade along with clean-energy initiatives, and with a boom in electric vehicles underway, it should just keep going. Electric cars also far from the only products using copper. Most alternative energy sources, such as wind and solar, also require a ton of the mineral.

By 2050, demand for copper could grow as much as 350%.

So put it all together. Consumers, Wall Street and a presidential candidate are all coming together to support a boom in electric vehicles and clean energy. That boom will require more copper, and increased demand will lead to higher mineral prices. Clearly the top players in the copper space stand to benefit.

Without a doubt, Freeport-McMoRan is the winner. It was the leading copper miner in terms of output in 2018, producing 1.9 million metric tons. With Freeport-McMoRan leading the way in production, it should also lead the way in profits as copper prices rise.

Still need more convincing? InvestorPlace analyst Eric Fry has long been bullish on FCX, even choosing it as his pick for the Best Stocks contest. If he thinks this copper miner can win, you should too.

4 Election-Proof Stocks to Buy to Secure Your Portfolio

[Wednesday, September 9, 4:44 pm]
Contributed by Sarah Smith

InvestorPlace’s Joel Baglole puts it best. Anything could happen between now and Election Day. Investors could spend a lot of time, and potentially lose a ton of money, trying to predict the future. What if you could fill your portfolio with election-proof stocks? Companies that would not only survive, but thrive, no matter who ends up in the White House?

As David Kass, a finance professor at the University of Maryland’s Robert H. Smith School of Business, told InvestorPlace, the election outcome does matter. He shared:

“If President Donald Trump is re-elected, the principal beneficiaries are likely to include financial and defense stocks. If Joe Biden is elected president, infrastructure, renewable energy and health care related companies should benefit.”

There is no doubt that Kass is right. Taking a look at the campaign priorities of Trump and Biden, their outlined plans will certainly boost certain groups of stocks.

While this live blog has, and will continue, to chase down sector- and candidate-specific investing opportunities ahead of the election, Baglole has a good point. Why not invest in a way that doesn’t tie your fortunes to an election outcome?

If you want to sleep a little easier at night, take a look at these four election-proof stocks to buy:

  • Facebook (NASDAQ:FB)
  • CrowdStrike (NASDAQ:CRWD)
  • Lockheed Martin (NYSE:LMT)
  • Alibaba (NYSE: BABA)

7 Cybersecurity Stocks to Buy as Election Interference Looms

[Wednesday, September 9, 3:29 pm]
Contributed by Sarah Smith

Have you checked the news lately? There are not many things that Republicans and Democrats agree on these days. Immigration. Trade. Gun control. You name it — the two major political parties have starkly opposing views.

However, lawmakers on both sides of the aisle have come together to agree on one thing. Foreign election interference is occurring, and it is having a tangible impact on the outcome of U.S. politics. After almost three years, the Senate — along with key witnesses and intelligence agencies — concluded that Russia had influenced the 2016 election. Efforts by Moscow aided President Donald Trump, and further divided the country along partisan lines.

Granted, Republicans and Democrats disagree on the how, why and who of the matter.

This theme is once again in play ahead of the 2020 election. Democrats warn of Russian interference, digging up links between Trump and Russian President Vladimir Putin. Republicans see another issue. Late last week, U.S. national security adviser Robert O’Brien announced that China was the biggest threat. China, according to O’Brien, desperately wants to see former Vice President Joe Biden in office.

Whether you are more afraid of Russia or China, it is clear that election interference is a problem. Cybersecurity is the solution.

In the digital world, cybersecurity matters so much more. We are working from home, learning from home, socializing from home. To protect ourselves from cyber attacks, we should protect our connected devices. To protect our portfolios, we should buy cybersecurity stocks that prevent volatility-inducing foreign election involvement.

Next time you cover up your webcam, take a close look at this list of cybersecurity stocks to buy from InvestorPlace analyst Neil George:

  • CrowdStrike Holdings (NASDAQ:CRWD)
  • Okta (NASDAQ:OKTA)
  • Cisco Systems (NASDAQ:CSCO)
  • Cloudflare (NYSE:NET)
  • Zscaler (NASDAQ:ZS)
  • Check Point Software Technologies (NASDAQ:CHKP)
  • Palo Alto Networks (NYSE:PANW)

10 Obama-Era Winners to Watch for a Biden Presidency

[Tuesday, September 8, 4:17 pm]
Contributed by Sarah Smith

Who exactly is former Vice President Joe Biden, and what will his presidency mean?

Astute investors should be paying attention to this very question. How Biden aligns himself — and how others evaluate his potential presidency — could make a big difference in swaying moderate voters.

President Donald Trump has likened the Democrat to his more left-leaning peers like Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez. However, unlike those politicians, Biden has promised not to ban fracking and has shied away from a tougher stance on defunding or abolishing the police. This reality has not stopped Trump from invoking fear, warning voters that a Biden presidency would usher in an era of lawlessness.

Biden himself has worked to align himself more closely with former President Barack Obama. His campaign priorities include expanding on legislation like the Patient Protection and Affordable Care Act, and furthering protections under the Deferred Action for Childhood Arrivals (DACA) program. If you look closely, you will notice Obama is mentioned by name more than a few times.

For investors then, this understanding of a Biden presidency comes with more of a roadmap. While the Democratic party has as a whole become more progressive, thereby shifting some of the presidential priorities, investors can still look back to Obama-era winners in the stock market to see what works. From there, you can ready your portfolio for four years of success.

According to The Motley Fool, these were the 10 best-performing stocks during the Obama presidency:

  • Ulta (NASDAQ:ULTA)
  • Netflix (NASDAQ:NFLX)
  • General Growth Properties
  • Regeneron Pharmaceuticals (NASDAQ:REGN)
  • Booking Holdings (NASDAQ:BKNG)
  • Skyworks Solutions (NASDAQ:SWKS)
  • United Rentals (NYSE:URI)
  • Amazon (NASDAQ:AMZN)
  • Expedia (NASDAQ:EXPE)
  • XL Group

By no means is this an exact blueprint of how to invest under a President Joe Biden. In fact, two of the companies on this list no longer exist as independent businesses.

What investors should take away, however, is just how diverse this list is.

E-commerce companies, tech-focused travel plays, a pharmaceutical leader and a makeup retailer all are Obama-era stars. While many are focused on positioning Biden as an extreme leader who would only benefit certain niches, perhaps this list can provide some peace of mind. A Biden presidency would certainly benefit electric car stocks, but it could also usher in another bull market that lifts many sectors.

5 Financial Stocks to Buy for a Trump Win

[Tuesday, September 8, 3:16 pm]
Contributed by Sarah Smith

Ahead of the election, there are a few big reasons why financial stocks should be on your radar.

Over the last few days, investors have witnessed some ugly action in the stock market. Major indices have been sinking deeper into the red despite a number of positive news items. It seems that after leading an impressive rally, tech stocks like Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB) are in need of a break.

Many market experts like InvestorPlace’s Tyler Craig view this potential sector rotation as an opportunity to find profit in financial stocks. Ahead of the election, that is great news.

To start, pretty much no one in Washington likes Big Tech. Democrats and Republicans joined forces earlier this summer as the CEOs of Amazon, Facebook, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) testified. Granted, lawmakers on different sides of the aisle have different issues with these companies. Many Republicans feel that tech businesses are working to censor support for President Donald Trump and other conservative ideals. Democrats call out privacy scandals, anti-competitive practices and the failure to block misinformation from internet platforms.

Perhaps then, ahead of the election, finding an opportunity for success outside of Silicon Valley is the right move for your wallet.

Going further, we all know that President Donald Trump has positioned himself as the enemy of regulation. Just last week, the head of the Environmental Protection Agency said Trump would continue to remove environmental regulations if he remains in the White House for a second term. As a tree-hugging millennial it feels bad to consider profiting from environmental deregulation, but I am laying out all of the facts.

Financial stocks are squarely in a sector that would benefit from a lack of further regulation. After the Great Recession, regulation became the name of the came. As companies in this space have learned to survive and thrive through these regulations, a status-quo future would give them more runway to grow.

So if these catalysts of sector rotation and Trump-driven deregulation continue, investors should consider arming themselves with financial stocks. Here are five that look particularly strong:

  • JPMorgan (NYSE:JPM)
  • Wells Fargo (NYSE:WFC)
  • Financial Select Sector SPDR Fund (NYSEARCA:XLF)
  • Synchrony Financial (NYSE:SYF)
  • Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B)

6 Pharmaceutical Stocks to Buy Ahead of the Election

[Tuesday, September 8, 2:43 pm]
Contributed by Sarah Smith

Many investors likely find themselves eyeing pharmaceutical stocks right about now. Is it time to sell?

This has been an amazing year for pharmaceutical firms and more innovative biotech players. Advancements in technology like artificial intelligence have aided drug discovery. The novel coronavirus pandemic — while a dreadful force on the rest of the world — has sent the sector skyrocketing higher. Seemingly every company on the public markets is developing a vaccine or a treatment for Covid-19.

But just a few months away is the U.S. presidential election.

Investors are scared about their portfolios, especially when it comes to pharmaceutical stocks. Is there any hope for these red-hot names to continue their success? Both President Donald Trump and former Vice President Joe Biden have criticized the state of the American healthcare system, and both have proposed sweeping changes. At the surface, it seems that the sector is doomed regardless of who wins.

Not so fast. Despite claims from Trump that prescription drug prices and insurance premiums have dropped during his time in office, the evidence is not there. If a second term brings more talk than action, investors can find confidence investing in the strongest names in the sector.

Former Vice President Joe Biden also has big plans to reform healthcare. Biden wants to expand the Patient Protection and Affordable Care Act, a piece of legislation from the era of President Barack Obama. According to Will Reese, the director of equity research at UMB Bank, this would be bullish for healthcare stocks. Additionally, such a move could offset the profit damage done by initiatives to lower prescription drug prices.

There is no denying that the future of pharma is more uncertain than many in the industry would like. However, worst-case scenarios are far from the immediate reality. Follow the professionals and stick to the companies in sector that the world truly needs. For instance, InvestorPlace analyst Louis Navellier recommends companies that offer in-demand drugs and innovative treatments.

To follow his lead, here are six top pharmaceutical stocks to buy now:

  • AstraZeneca (NYSE:AZN)
  • Dr Reddy’s Laboratories (NYSE:RDY)
  • Repligen (NASDAQ:RGEN)
  • Zoetis (NYSE:ZTS)
  • Horizon Therapeutics (NASDAQ:HZNP)
  • Eli Lilly (NYSE:LLY)

4 Stocks to Buy as QuantumScape Preps to Come Public

[Friday, September 4, 2:57 pm]
Contributed by Sarah Smith

Are you ready to drive off with some major profits?

The stock market cheered on news yesterday that QuantumScape, a maker of solid-state batteries perfect for electric vehicles, was planning to come public. This summer has been huge for new offerings, and especially huge for special purpose acquisition companies, like the one QS is set to complete a reverse merger with. But more importantly for investors, this summer has also seen an unquenchable thirst for electric car stocks.

There are many catalysts that explain why — and former Vice President Joe Biden is behind one. Embracing what has been described as the most radical energy and climate campaign ahead of the November presidential election, Biden has big plans for clean tech. He promises to invest $2 trillion in furthering clean and sustainable energy.

Flying slightly more under the radar is his support for the Clean Cars for America proposal, an initiative of Senate Minority Leader Chuck Schumer. Schumer wants to incentivize Americans to swap out their traditional cars for EVs with cash vouchers. He wants to make charging stations more accessible through state and local grants. And he wants to convert factories to clean car production.

Part of the problem is that although Tesla (NASDAQ:TSLA) has become the most valuable carmaker by market capitalization, many Americans still prefer to drive massive SUVs and pickup trucks. Consumers fret over short driving ranges — can an EV compete with their gas guzzlers?

As Biden and Schumer call to invest more money in making America — and its drivers — a leader in the clean car space, the companies that support the carmakers will become even more important. Right now, that means you should invest in the companies that make charging stations. The companies that make batteries. You need to invest in the companies that make it possible to have sleek, fast, long-range EVs.

If you are betting on a Biden win, here are four such stocks to buy:

  • Blink Charging (NASDAQ:BLNK)
  • Tesla (NASDAQ:TSLA)
  • Panasonic (OTCMKTS:PCRFY)
  • Energizer Holdings (NYSE:ENR)

5 Vaccine Stocks to Buy as Trump Eyes Early Approval

[Friday, September 4, 1:08 pm]
Contributed by Sarah Smith

Have you checked your calendar for Nov. 3? Imaging waking up, eating breakfast, getting your vaccine for the novel coronavirus and then heading to the polls. Would you be more likely to vote for President Donald Trump with the knowledge you had just received some protection against a deadly pandemic?

Trump and his supporters are betting that you would. That is why over the last several days, the message from the White House has been that a vaccine could be just around the corner. He flirted with the idea at the Republican National Convention. Rumors swirled that the U.S. Food and Drug Administration was considering granting AstraZeneca (NYSE:AZN) emergency-use authorization for its vaccine candidate. So-called “vaccine nationalism” came into the mainstream, as China and Russia ramped up their own efforts.

Now, it looks like the FDA and the Centers for Disease Control and Prevention are preparing for that reality. In a memo sent to all 50 states, and separately to five large cities, the CDC outlined a plan to deploy a vaccine across America. According to the New York Times, AstraZeneca and other vaccine makers are on track to request government approval as early as October. From there, top agencies are tracking a plan to deploy vaccines as early as November — right before the election wraps up.

The plan has no doubt stirred up controversy, with many worrying about the possible health risks from the vaccines and the clear Election-Day motives. But from the looks of it, Wall Street and Main Street are both counting on a coronavirus vaccine. Such a vaccine would begin the return to normal.

With key regulatory meetings just weeks away, how should investors approach the space? Start by looking for vaccine makers that are already in late-stage Phase 3 trials. These companies are leading the way, and are the most likely to receive such early approval. Then, filter out the likes of CanSino Biologics (OTCMKTS:CASBF). While the pharmaceutical company is by no means a bad play, it is unlikely Trump would consider delivering a victory to anything hailing from China. Granting early vaccine approval is as much about the ballot box as it is about sticking it to a key Trump rival.

Here are four vaccine stocks to keep on your radar:

  • Moderna (NASDAQ:MRNA)
  • Pfizer (NYSE:PFE)
  • BioNTech (NASDAQ:BNTX)
  • AstraZeneca (NYSE:AZN)

3 Natural Gas Stocks to Buy No Matter Who Wins the Election

[Friday, September 4, 11:46 am]
Contributed by Sarah Smith

Much to the dismay of environmental activists, natural gas stocks should benefit whether President Donald Trump gets reelected or former Vice President Joe Biden swoops in to take the White House.

Trump has long positioned himself as opposed to regulation — removing barriers he and his supporters see as roadblocks to progress, profit and American domination. When environmental restrictions stood in the way of fast-paced infrastructure innovation, he removed them. A quick glance at his second-term campaign priorities highlights that he will “continue [his] deregulatory agenda” so the United States can have energy independence.

Regulators and public sentiment have interfered with his vision. A federal judge ruled the hotly debated Dakota Access Pipeline must be emptied earlier this summer, and Duke Energy (NYSE:DUK) and Dominion Energy (NYSE:D) decided to abandon the 600-mile Atlantic Coast Pipeline because of legal uncertainties.

But overall, Trump would clearly benefit the traditional oil and gas industry. He would continue to focus on removing environmental regulations, and would likely support any future pipeline construction. Many Americans therefore see a Biden victory as outright damaging to the industry.

Things are not that black and white.

Experts see Biden as “fuzzy” on natural gas in particular. He recently promised he would not ban fracking, much to the disappointment of activists. His campaign most clearly benefits companies behind alternative energy sources like wind and solar, as he has outlined a plan to invest $2 trillion in sustainable energy infrastructure. But after walking back his anti-fracking vision, natural gas companies could still benefit under his presidency.

Why? Natural gas was initially viewed as environmentally friendly, although that has started to change. It powers 50% of the U.S. electrical grid, up from 10% last year. Long viewed as a so-called bridge fuel — a step between coal and alternative sources — it appears that Biden is not ready to cross the bridge.

There are a few things to keep in mind. Although sentiment in the U.S. is broadly shifting from natural gas to more climate-friendly energy sources, other nations are just beginning the shift from coal to natural gas. As part of this, exports from the U.S. are in question. Will Biden prevent the U.S. from supplying gas because it is a fossil fuel?

His more progressive advisors hope so, but Axios’ Amy Harder writes that it is unclear. Yes, natural gas is a fossil fuel, but the global appetite for gas is growing. It may benefit the U.S. to supply gas needed for other countries to make that intermediate switch.

Examining the situation, David Livingston, a senior analyst at the Eurasia Group, said that there are two things to watch in the short term. Increased regulation under Biden would likely lead natural gas production costs to increase. But at least over the next few years, he sees this creating a real investment opportunity as natural gas “accelerates” its displacement of coal in market.

In other words, if Biden keeps his promise to not ban fracking while still pushing for climate-friendly change, we could see natural gas ramp up in the short term. That would benefit natural gas stocks. Plus, although Biden has promised to end oil and gas leasing on federal lands, Livingston highlights that federal land only accounts for 15%-20% of shale production. Because of this, he sees the impact being more “incremental” than flat-out detrimental to natural gas companies.

With that in mind, InvestorPlace’s Divya Premkumar recently recommended three natural gas stocks to buy. At least in the short term, these present compelling opportunities, regardless of who ends up in the White House.

  • NextEra Energy (NYSE:NEE)
  • Clean Energy Fuels (NASDAQ:CLNE)
  • Dominion Energy (NYSE:D)

CFRA: Don't Panic Ahead of the Presidential Election

[Thursday, September 3, 3:25 pm]
Contributed by Sarah Smith

Talk about volatility. Yesterday we saw the S&P 500 and the Nasdaq Composite hit all-time highs. Investors cheered. September appeared off to a great start. So far on Thursday, however, the Dow Jones Industrial Average is down more than 700 points as selling takes hold of the market.

Plenty of analysts have hyped up the “curse” of September — the idea that out of the 12 calendar months, stock returns in September are notoriously poor. Plus, with the U.S. presidential election just around the corner, there have been seemingly infinite headlines about election-year volatility, the potential for a stock market crash and the long lists of other negative impacts either President Donald Trump or former Vice President Joe Biden could have on your portfolio.

So it would seem then that the volatility investors are experiencing this week is a symptom of election woes. Does that mean you should sell and brace yourself for the worst?

Sam Stovall, the chief investment strategist at CFRA, resoundingly says no.

In fact, Stovall thinks all the talk of election-year hype does not match up with reality. Looking at 60 years of data, he believes investors worry too much about who ends up in the White House. In non-election years, the three-month period before November actually tends to be more volatile.

From Stovall, via CNBC:

“A lot of strategists are saying that as we head into the election, markets are likely to get a lot more volatile. But actually history says the opposite.”

Although 2020 has been filled with unprecedented circumstances, it is good to know that history is not setting us up for utter failure in the stock market just because of the election. Stay calm. Hold on to your stocks — and consider adding new, profitable positions.

5 Biden Stocks to Buy as Wall Street Shifts Blue

[Thursday, September 3, 2:47 pm]
Contributed by Sarah Smith

Wall Street is gradually embracing former Vice President Joe Biden. But many individual investors likely still believe President Donald Trump — who boasts of his economic accomplishments — is best for the stock market. Leading up to the novel coronavirus, we saw the major indices notch new highs, money flow into innovative technology and corporate taxes fall. Republicans had the economy on their side.

Even during the pandemic, that messaging has held up, with the Republican National Convention playing on the successes seen before the virus turned the world upside down. Plus, the fact that Wall Street continues to climb higher is helping matters.

But CNN highlighted yesterday that the case is not so simple. A basket of stocks picked to benefit under a Biden presidency has actually been outperforming the broader market — and a comparable basket of stocks picked to thrive under Trump.

So to start, what types of stocks will broadly do well under Biden? Investors have largely accepted that cannabis stocks will benefit from a higher likelihood of legalization or decriminalization, although there is no guarantee Biden would approve such an initiative. Alternative energy plays like solar companies and electric vehicle manufacturers would benefit from his plan to invest $2 trillion in clean infrastructure. And companies that have been hurt by the U.S.-China trade war — and any other trade spats started under Trump — could see a recovery.

Excluding the trade-war plays, this makes sense even outside the context of the upcoming presidential election. Public sentiment on marijuana use continues to warm, as even many Republicans support some form of legalization. The success of Tesla (NASDAQ:TSLA) has also ushered in an electric vehicle boom, and more and more consumers are considering driving off in an eco-friendly vehicle.

In other words, Biden is riding the wave of shifting consumer behavior and up-and-coming trends. If you and your portfolio are looking to hop on this trend, here are five stocks to buy:

  • Granite Construction (NYSE:GVA)
  • Tesla (NASDAQ:TSLA)
  • First Solar (NASDAQ:FSLR)
  • Broadcom (NASDAQ:AVGO)
  • iShares MSCI Germany ETF (NYSEARCA:EWG)

4 Stocks to Buy as Democrats and Republicans Scramble for Data

[Thursday, September 3, 2:02 pm]
Contributed by Sarah Smith

Thanks to our personal data, all of us matter a whole lot.

And that data matters a whole lot to President Donald Trump and former Vice President Joe Biden. Ahead of the November election, Republicans, Democrats and a whole host of publicly traded companies will use our data to attract voters and target advertisements. After the election, regardless of who wins the White House, our data will shape political boundaries as politicians scramble for seats in Congress.

So there are two plays here in data. The first focuses on November. Sure, there are plenty of people who, as a rule, vote Democrat or Republican. And we have polling and all sorts of other measures of public sentiment to see if Biden or Trump is performing better ahead of Election Day. However, the major parties will still wage advertising campaigns to sway people in the middle. Our data matters here.

According to Recode, social media companies sell themselves as providers of access to our data. Facebook (NASDAQ:FB), for instance, does not just give out a file of everything we do and like. Instead, advertisers come to Facebook, asking for a targeted audience likely to resonate with their message or buy their products. Your News Feed is a hot commodity.

That makes social media stocks, plays on that targeted advertisement, great companies to watch ahead of the election. Especially with campaigning altered by the novel coronavirus, moves made in the digital realm matter more than ever. What you see on Facebook or Instagram will take the place of local rallies and in-person convention activities.

The next way to think about this is the data brokers — the companies that do sell access to your data. According to CNBC, both Democrats and Republicans are spending “hundreds of millions” on personal data. Why? Upcoming elections for state legislatures will determine who is in power during the 2021 redistricting process set to take place in 31 states. This redistricting — closely associated with the more ominous gerrymandering — can help certain politicians or political parties remain in power.

Before, politicians relied on data from the U.S. Census Bureau and voter registration files. Welcome to the digital age. Now, what magazines you subscribe to and what cars you drive can say a lot about you — and data brokers have access to that information.

As politicians look to spend big to control the future, data broker stocks should benefit. Ahead of November, keep these four names on your radar:

  • CoreLogic (NYSE:CGLX)
  • TransUnion (NYSE:TRU)
  • Harte Hanks (OTCMKTS:HRTH)
  • Facebook (NASDAQ:FB)

4 Hydrogen Stocks to Buy for a Biden Victory

[Wednesday, September 2, 3:23 pm]
Contributed by Sarah Smith

At the very start of 2020, the Atlantic Council wrote that at no point in history had Democrats and Republicans been more divided on energy than they are now. Republicans — represented by President Donald Trump — are pushing for energy dominance via fossil fuels. Democrats want clean energy, and former Vice President Joe Biden has promised to invest $2 trillion in the required infrastructure.

Since Biden accepted the Democratic presidential nomination and rolled out his proposals for clean and sustainable energy, a certain group of stocks has been steadily climbing higher. Why? According to the Wall Street Journal, a Biden presidency would provide a long-awaited catalyst to all sorts of alternative energy niches. Solar stocks. Hydrogen power. Electric vehicles. Battery stocks.

Of these investing niches, perhaps hydrogen gets the least attention. Plenty of experts want to see hydrogen come into its own, but as InvestorPlace’s Chris Markoch wrote today, it seems as if there has always been an excuse to avoid making more progress. Some say it is too expensive. Others say it is too complicated.

But as Biden embraces progressive energy goals, hydrogen looks like it is getting its chance in the spotlight. Plus, the debut of Nikola (NASDAQ:NKLA) has brought new attention to the space. The electric vehicle company has plans to roll out more traditional, battery-powered EVs. In the long run, however, its key offering will be trucks powered by hydrogen fuel cells, allowing even the freight industry to see an environmentally friendly overhaul.

If you are betting on Biden taking the White House, make sure these four hydrogen stocks to buy are on your radar now:

  • Bloom Energy (NYSE:BE)
  • FuelCell Energy (NASDAQ:FCEL)
  • Plug Power (NASDAQ:PLUG)
  • Ballard Power Systems (NASDAQ:BLDP)

3 Ammo Stocks to Buy as Trump Shifts Public Sentiment

[Wednesday, September 2, 11:59 am]
Contributed by Sarah Smith

One analyst at JPMorgan has a clear message for investors: Start positioning for President Donald Trump to retake the White House come November. Why? The analyst, Marko Kolavanic, wrote that as public sentiment over ongoing protests shifts, Trump is starting to narrow the gap between himself and former Vice President Joe Biden.

Kolavanic is not alone in that prediction. According to past research from Axios, if Trump can successfully frame the protests as an issue of violence instead of an issue of justice — something his campaign has long been working to do — he has a much better shot at reelection.

With the Republican National Convention underway, we reported that gun stocks were great investment opportunities as Trump and his supporters focused his campaign on law and order.

Now, with protests ongoing across the U.S. in response to police brutality, including the recent shooting of Jacob Blake in Kenosha, Wisconsin, Trump is framing his campaign as the solution. Playing on fears of murder and rising crime rates, Trump is promoting the use of the National Guard. Through recent tweets, he has also criticized governors for allowing protests to continue.

Kolavanic thinks this strategy is working. By focusing on violence — calling protesters mobs and domestic terrorists — Trump is tapping into a widely held fear. Ammunition is hard to come by, and gun sales have been skyrocketing. Many Americans see these purchases as a way to protect themselves from what Trump says will be a lawless nation under Biden. Although his critics have been quick to saw “law and order” is more about his personal gains as president, fear is a powerful force.

Expect these gun and ammo sales to continue climbing until November. If Trump retakes the presidency like Kolavanic predicts, things could quickly reverse like in 2016. But in the meantime, arm your portfolio with these three law-and-order plays from InvestorPlace’s Muslim Farooque:

  • Vista Outdoor (NYSE:VSTO)
  • Olin Corporation (NYSE:OLN)

3 Stocks to Buy as Trump Makes Healthcare Promises

[Tuesday, September 1, 2:52 pm]
Contributed by Sarah Smith

Ahead of the election, healthcare stocks are in a rocky space. President Donald Trump framed his first term as a campaign against pharmaceutical companies, promising to lower prescription drug prices and end surprise hospital billings. As many Americans question his track record — and as the novel coronavirus remains top of mind — Trump is doubling down. During one of the last nights of the Republican National Convention, he reiterated those healthcare goals.

That means Trump and former Vice President Joe Biden align, at least in rhetoric, against Big Pharma. Both call to reimagine the healthcare world, they just take different approaches. That means that investors — for good reason — are wary when it comes to healthcare stocks after November. Will sweeping regulation come through?

However, Trump has another big healthcare promise. According to Axios’ Caitlin Owens, Trump is also telling voters he will make massive moves against the coronavirus, hyping up the potential for a vaccine and other treatments.

There is no denying that Trump has taken a controversial stance when it comes to coronavirus treatments. He touted hydroxychloroquine, a drug that the U.S. Food and Drug Administration has since revoked its emergency-use authorization for. He has flirted with granting vaccine makers early approval and fast-tracked approval for convalescent plasma treatments.

Controversy or not, the actions of the president do have a lot of weight. With that in mind, and as the clock starts ticking before the election, here are three coronavirus-driven healthcare stocks to keep on your radar:

  • AstraZeneca (NYSE:AZN)
  • Takeda (NYSE:TAK)
  • Grifols (NASDAQ:GRFS)

8 ESG Stocks to Buy as Biden Promises to Fight Climate 'Crisis'

[Tuesday, September 1, 10:49 am]
Contributed by Sarah Smith

Do you remember in January, way back before the novel coronavirus, investors were tracking another disaster? Wildfires tore across Australia, burning approximately 25.5 million acres and leaving destruction in their wake. Scientists have since confirmed that these tragic fires were worsened by human-driven climate change, meaning there may be more disaster in store.

Now, in the United States, we are watching fires burn across California, a hurricane wreak havoc on Louisiana and a derecho — a long-lived wind storm — destroy the Midwest. Like the fires in Australia, scientists believe climate change is at work.

Former Vice President Joe Biden, riding a growing wave of climate activism around the world, announced that climate change would be a “crisis” his administration would prioritize addressing. Importantly, he put climate change on the same short list as the pandemic, the economic crisis and the need for racial justice.

Positioning himself in opposition to President Donald Trump, who recently weakened environmental regulations to speed up construction, Biden is making this climate fight an important part of his campaign. He promises to invest $2 trillion in sustainable and clean infrastructure, laying out plans to build sustainable homes, support mass transit and generate clean, American-made power.

In short, the policies of Biden much more closely align with the tenets of environmental, social and governance (ESG) investing. As fires continue to burn and hurricane season ramps up, make sure these eight ESG stocks to buy from InvestorPlace analyst Neil George are on your radar:

  • Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI)
  • Brookfield Renewable Partners (NYSE:BEP)
  • Prologis (NYSE:PLD)
  • Waste Management (NYSE:WM)
  • FMC Corporation (NYSE:FMC)
  • NextEra Energy (NYSE:NEE)
  • Xcel Energy (NYSE:XEL)
  • Dominion Energy (NYSE:D)

7 Safe Stocks to Buy to Protect Against Election Volatility

[Monday, August 31, 4:34 pm]
Contributed by Sarah Smith

Barron’s Jack Hough says it best: A disputed presidential election could sink the stock market.

Wise investors should prepare themselves for all outcomes. Who will win the White House? What about the House of Representatives and the Senate? And, as we tackled in this blog last week, what would happen if President Donald Trump made a bold move to secure his reelection?

Another outcome to prep for is the possibility there is no clear winner come election night. Thanks to the novel coronavirus, many Americans are opting for mail-in voting. Trump has already sounded the alarm, saying that mail-in voting will lead to fraud. His critics — and even some of his supporters — deny this, although most concede the rise in mail-in voting will create delays in counting. Plus, the U.S. Postal Service is already warning residents of most states that mail delays could lead to voter disenfranchisement.

In short, a disputed presidential election would cause a lot of chaos, and likely harm the market. Looking back at history, Hough found that the S&P 500 fell 5% in 2000 between Election Day and when former Vice President Al Gore conceded.

With that in mind, Hough is prepping his own portfolio for election-day volatility. While admiring impressive gains in the likes of Tesla (NASDAQ:TSLA), he is skewing more conservative.

If you want to do the same, consider these seven safe stocks to buy from InvestorPlace’s Tom Taulli:

  • Visa (NYSE:V)
  • Coca-Cola (NYSE:KO)
  • Johnson & Johnson (NYSE:JNJ)
  • Cisco Systems (NASDAQ:CSCO)
  • Nike (NYSE:NKE)
  • McDonald’s (NYSE:MCD)
  • Verizon Communications (NYSE:VZ)

5 3D Printing Stocks to Buy for Escalating Trade Tensions

[Monday, August 31, 12:40 pm]
Contributed by Sarah Smith

Will the November presidential election make 3D printing hot again? Fans of Massachusetts-based Desktop Metal are hoping so.

After investors bid up 3D printing stocks, embracing the manufacturing disruption they promised, several top names in the space cooled down. While 3D printing is still a totally viable and interesting niche, other tech trends have taken center stage. But Desktop Metal, which just announced it will come public via special purpose acquisition company Trine (NYSE:TRNE), wants to change that. The company builds 3D printers and sells them, and its clients include high-profile names like Ford (NYSE:F) and Lockheed Martin (NYSE:LMT).

The timing of its debut, as well as Desktop Metal’s ambitious revenue growth plans, could revitalize the space. The company — which happens to be a unicorn — brought in $26 million in revenue last year. According to CEO Ric Fulop, the company is targeting to bring in $1 billion in revenue over the next five years.

Perhaps the most important part of this SPAC offering is the timing. As one writer put it, the industry has been cooler than expected. But with President Donald Trump escalating trade tensions with China, 3D printing stocks — and Desktop Metal in particular — could benefit from a U.S.-China decoupling and other disruptions to supply chains.

Trump, as seen in his battle with TikTok and Tencent’s (OTCMKTS:TCEHY) WeChat, wants to end U.S. reliance and interest in Chinese tech. His second-term campaign priorities call for bringing back 1 million manufacturing jobs, blocking federal contracts for companies that outsource manufacturing to China and providing tax incentives for companies that bring manufacturing back to the U.S.

In fact, experts have long seen 3D printing as a workaround to the U.S.-China trade war. One Chinese company actually converts its blueprints to files for 3D printing, allowing U.S. companies to bypass trade concerns while still benefiting from Chinese expertise in manufacturing.

A Trump win come November could put several U.S.-based companies in a pinch, but it could also be a big boost to these 3D printing names. Here are five stocks to buy:

  • Nano Dimension (NASDAQ:NNDM)
  • Stratasys (NASDAQ:SSYS)
  • 3D Systems (NYSE:DDD)
  • Autodesk (NASDAQ:ADSK)
  • Proto Labs (NYSE:PRLB)

5 Stocks to Buy as Trump Combats 'Cancel Culture'

[Friday, August 28, 2:51 pm]
Contributed by Sarah Smith

The Republican National Convention — what some are calling the Cancel Culture Convention — is over.

In an election year marked by the novel coronavirus, President Donald Trump and his supporters largely avoided discussing the pandemic, with a few notable exceptions. Instead, Trump leaned into a few key tactics, painting former Vice President Joe Biden as a socialist and positioning his campaign in opposition to “cancel culture.”

The term may not be familiar to everyone, but the RNC likely turned “cancel culture” into the next political buzzword. “Cancel culture” is hard to define — and not many people agree on one definition. Broadly, it is what happens when the public decides the actions of someone in power are problematic, and take action to limit the reach of that person. You could consider the #MeToo movement against sexual assault and harassment part of this culture. Or the removal of comedian Shane Gillis from Saturday Night Live after fans discovered his history of making racist jokes.

At the RNC, Trump sought to define “cancel culture” as what happens to American individuals who subscribe to Republican policies or ideals. Convention speakers included Mark and Patricia McCloskey, who recently pointed guns at Black Lives Matter protesters who had entered their private street in St. Louis, Missouri. Nick Sandmann, an 18-year-old graduate of Covington Catholic High School, was another speaker. Sandmann recently settled lawsuits with major news outlets over their coverage of his attendance at the anti-abortion rally March for Life.

Trump and his supporters have done their fair share of canceling, calling for Republicans to vacate the Twitter (NYSE:TWTR) platform, for instance. But companies that have donated to or verbally supported Trump have also come under fire. Recently, consumers called for a boycott of Goya Foods after its CEO voiced his support for the president.

As Trump focuses on cancel culture instead of other issues, there is a chance that he will lift up Republican-supporting companies like he did the McCloskeys and Sandmann. As he does this — and especially if he wins come November — these companies could be stocks to buy.

  • Wayfair (NYSE:W)
  • Home Depot (NYSE:HD)
  • World Wrestling Entertainment (NYSE:WWE)
  • Estee Lauder (NYSE:EL)
  • Penn National Gaming (NASDAQ:PENN)

Note: If you’re looking more ideas, just do some digging on which corporations are still funding the Trump reelection campaign.

5 Stocks to Buy as Biden Maintains His Polling Lead

[Friday, August 28, 11:50 am]
Contributed by Sarah Smith

During the final night of the Republican National Convention, President Donald Trump accepted the party nomination. His speech touched on all sorts of trendy topics among his supporters including cancel culture, immigration and bail reform. Trump also took aim at former Vice President Joe Biden, working to paint the Democratic nominee as a candidate much more in line with progressive ideals held by Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders.

Some critics see that as an effective strategy — moderate voters not paying super close to the election may be swayed by Republicans portraying Biden and Sen. Kamala Harris as “socialists.” But Biden continues to edge ahead in polling, and positive sentiment around his campaign is at an all-time high.

Although polls this early in the game are not great indicators of election outcomes, they are something for investors to keep an eye on. As we have already established in this blog, each presidential candidate will inherently benefit certain groups of stocks. If Biden maintains his lead as November creeps closer, these certain categories of stocks — like marijuana and sustainable energy plays — should rally.

To get ahead of the game, here are five picks from InvestorPlace’s Dana Blankenhorn:

  • Bank of America (NYSE:BAC)
  • SunPower (NASDAQ:SPWR)
  • Sunrun (NASDAQ:RUN)
  • General Motors (NYSE:GM)
  • AT&T (NYSE:T)

3 Oil Stocks to Buy for a Trump-Driven Conflict

[Thursday, August 27, 4:08 pm]
Contributed by Sarah Smith

According to one analyst, investors need to be thinking not only about what stocks to buy for after the election, but about stocks to buy for before the election. What does that mean? And how can you go about protecting your portfolio?

Cribstone Strategic Macro founder Michael Harris thinks investors should be eyeing “protection stocks” leading up to November as President Donald Trump works to avoid defeat. Polls show former Vice President Joe Biden taking a lead, but in recent weeks, that lead has been narrowing. To secure his reelection, Harris warns that Trump could take what many would see as a drastic action.

One current challenge that Trump faces is his messaging. The Republican National Convention is underway, and as the team at FiveThirtyEight highlighted last night, he is walking a delicate line. Republicans are promising unification, calling Biden and his supporters “divisive.” But at the RNC last night, there was very little discussion of the novel coronavirus, the current economy or ongoing protests in Kenosha, Wisconsin. If Trump could take the focus off what many see as his failings, and unify the country over an external issue, it could boost his campaign.

Harris sees two possible outcomes: Trump escalating tensions with Iran, and Trump overthrowing Venezuelan President Nicolas Maduro.

While oil stocks may not be the best long-term investments, there is certainly a case to be made that they would benefit from either a U.S.-Iran war or an intervention in Venezuela.

In early January, after the U.S. military struck and killed Iran’s Qasem Soleimani, oil prices spiked and leading oil stocks posted gains. Lessening U.S. dependence on Middle Eastern oil appeared to be behind the rally. As tensions eased, oil stocks came back down to normal levels. And although oil production in Venezuela is on a downward trajectory, the nation is typically a key exporter of crude.

Granted, there are many headwinds facing oil stocks including large-scale decreases in demand and the growing popularity of environmental, social and governance (ESG) investing. But with concerns of election volatility rising, here are three oil stocks that InvestorPlace’s Nicolas Chahine sees as some of the best investments:

  • Chevron (NYSE:CVX)
  • Exxon Mobil (NYSE:XOM)
  • Energy Select Sector SPDR Fund (NYSEARCA:XLE)

10 Infrastructure Stocks to Buy for Election-Proof Portfolios

[Thursday, August 27, 2:18 pm]
Contributed by Sarah Smith

Many investors are fearful over the upcoming presidential election and the impact it will have on the stock market. Certainly, there are sectors that would benefit exclusively from President Donald Trump, and certain sectors that would benefit exclusively from former Vice President Joe Biden.

And while it is important to look at the unique impacts a Democratic White House would have on marijuana stocks or renewable energy plays, or the impacts a Republican White House would have on defense and gun stocks, worried investors should also look at some election-proof companies.

One way to approach this is by finding stocks to by that would benefit equally — or at least similarly — from both Trump and Biden. Here, investors should be starting to consider infrastructure stocks — and industrial services plays that benefit in sympathy from increased infrastructure spending.

Why? Since the dawn of the novel coronavirus, Trump has called for an infrastructure stimulus package hearkening back to the days of the New Deal. Focusing on rebuilding bridges and roads helps advance the United States, and it helps get unemployed Americans back to work. In fact, his commitment to this resulted in the removal of environmental regulations designed to add scrutiny to the building process.

But Biden is also a big supporter of increased infrastructure spending. His “Build Back Better” proposal calls for allocating money to electric vehicle charging stations, new mass transit solutions, the upgrading of buildings and the construction of 1.5 million homes.

Experts have said infrastructure stocks would benefit most from a Biden presidency, that certain names would hold up well regardless of the election outcome and that Trump will drive infrastructure forward.

Putting two and two together, it seems clear that infrastructure and industrial services stocks are the right buys to election-proof your portfolio. Here are 10 names to get you started:

  • Vulcan Materials (NYSE:VMC)
  • Caterpillar (NYSE:CAT)
  • Nucor (NYSE:NUE)
  • Granite Construction (NYSE:GVA)
  • Marietta Materials (NYSE:MLM)
  • GrafTech International (NYSE:EAF)
  • Powell Industries (NASDAQ:POWL)
  • Timken (NYSE:TKR)
  • Advanced Emissions Solutions (NASDAQ:ADES)
  • Comfort Systems USA (NYSE:FIX)

A Biden Presidency Would Boost Corteva Stock

[Thursday, August 27, 1:00 pm]
Contributed by Sarah Smith

Former Vice President Joe Biden makes very clear his stance on immigration. And while not immediately obvious, his policy proposals could have a big impact on Corteva (NYSE:CTVA) stock.

Broadly, Biden calls for reversing the policies of President Donald Trump, such as the separation of migrant children from their parents at detention facilities. He also calls for policies that would modernize and expand systems for granting asylum, and a general welcoming of immigrants into American society. Although he also outlines a need for long-term diplomacy that could reduce the root causes of so-called irregular migration — such as violence, corruption and lack of economic opportunity — it is likely that his policies would see a net increase in immigration.

On the flip side, Trump and his supporters have spent much of the Republican National Convention focusing on his very different immigration plans. Although the RNC has included a rosy focus on “legal” immigration, including through a naturalization ceremony and personal anecdotes from First Lady Melania Trump, his critics are quick to point out that he is even trying to limit that. Plus, his second-term campaign priorities explicitly include ending sanctuary cities, deporting non-citizen gang members and broadly eliminating “illegal” immigration.

So, then, how does Corteva fit in? The company is considered a pure-play on agriculture in the U.S. Having been spun off from DowDuPont, it provides seeds, crop protection products and other agriscience solutions to farmers around the world. Essentially, it makes sure there is enough food supply for a growing global population.

According to InvestorPlace’s Josh Enomoto, that makes CTVA stock a great buy with immigration into the U.S. in mind. A growing national population equals more hungry humans, and therefore increased business for Corteva. Laying out his argument, Enomoto also highlights how CTVA is a solid dividend payer and a great play as the novel coronavirus makes agricultural supply chains increasingly important.

3 Defense Stocks to Buy as Trump Focuses on National Security

[Wednesday, August 26, 1:04 pm]
Contributed by Sarah Smith

If you hate war like I hate war … you need to support President Trump for another term.”

Thus called Sen. Rand Paul during the second night of the Republican National Convention. During his speech, the lawmaker positioned President Donald Trump as the first anti-war president in a decade. Rand played up second-term campaign priorities that call to bring troops home and focus attention and funding on domestic issues. And to further seal the deal, he framed former Vice President Joe Biden as an ardent supporter of wars in Libya, Syria, Serbia and Iraq.

At first glance, this anti-war messaging would seem to be a downside catalyst for defense stocks. However, investors need to look between the lines. During his presidency, Trump has called for the removal of troops from bases in Germany and Afghanistan. But at the same time, during the first three years of his presidency, overall defense spending increased 16%. And according to the Washington Post, his administration is also behind what many see as the largest U.S. weapons deal in history.

How then can investors reconcile this? Would his reelection be bad for defense stocks, or good?

Consider that private military contractors account for most of the staffing in Afghanistan, and could potentially remain after the removal of troops. Therefore, removing enlisted personnel does not necessarily equate to removing or even decreasing overall personnel levels.

Then, take another look at the second-term priorities. Trump is touting his Space Force, calling to expand “unrivaled military strength” and proposing new cybersecurity and missile defense systems. Removing troops does not equate to reducing defense spending — just shifting priorities.

Right now, most experts agree that the world is becoming increasingly unstable. Headlines focus on China and its growing reach, including worsening clashes with Taiwan and residents of Hong Kong. Election unrest in Belarus is sparking fears over if and how Russia will intervene. And with leaders like Jair Bolsonaro and Nicolas Maduro, discontent in Latin America is thought to be growing. Even neutral Ireland is considering making its first purchase of fighter jets in 45 years.

Therefore, investors betting on a Trump presidency should be looking for stocks to buy based on an increase in defense spending. What companies are already nabbing contracts with the Space Force? Which defense companies have the best solutions for cybersecurity and missile defense?

To help you get started, here are three great recommendations from InvestorPlace’s Muslim Farooque:

  • Northrop Grumman (NYSE:NOC)
  • Lockheed Martin (NYSE:LMT)
  • ManTech International (NASDAQ:MANT)

7 Renewable Energy Stocks to Buy for a Biden Presidency

[Wednesday, August 26, 10:10 am]
Contributed by Sarah Smith

Where exactly does renewable energy stand?

At the start of the pandemic, a drop in demand sent crude oil prices plummeting. Saudi Arabia and Russia launched a price war, flooding the market with cheap crude and violating an OPEC agreement. Experts assumed incentives to embrace renewable energy would disappear.

But then things started to shift.

The novel coronavirus has made consumers increasingly more aware of their environmental impact, particularly as public-health messaging reminds individuals of what they can do to protect broader society. Early studies suggest shoppers will start to prioritize sustainable, eco-conscious products. Electric vehicles have soared in popularity, with Wall Street bidding up seemingly every relevant company.

These are just some of the reasons InvestorPlace’s Todd Shriber likes renewable energy stocks. But he also sees a major near-term catalyst coming in November. As former Vice President Joe Biden continues to outpace President Donald Trump in polling, it looks like we could have a Democrat in the White House come 2021.

Democrats generally find their policies in alignment with those of renewable energy advocates. Beyond that, Biden actually lays out plans to invest in clean energy infrastructure. His “Build Back Better” priorities include creating clean, American-generated energy, funding innovation in clean energy technology and prioritizing environmental justice. That all spells bad news for fossil fuel players, and should be a big boost for renewable energy stocks.

With that in mind, here are seven excellent recommendations from Shriber:

  • Tesla (NASDAQ:TSLA)
  • First Solar (NASDAQ:FSLR)
  • NextEra Energy Partners (NYSE:NEP)
  • Dominion Energy (NYSE:D)
  • Enphase Energy (NASDAQ:ENPH)
  • Sunrun (NASDAQ:RUN)
  • ON Semiconductor (NASDAQ:ON)

15 Stocks to Buy for a Trump-Driven 'Vaxtober Surprise'

[Tuesday, August 25, 3:26 pm]
Contributed by Sarah Smith

Just before the start of the Republican National Convention, investors learned that President Donald Trump was considering granting emergency-use authorization to a leading novel coronavirus vaccine candidate from AstraZeneca (NYSE:AZN) and the University of Oxford. Public health officials hate it. Wall Street is cheering the news.

Why? As InvestorPlace Markets Analyst Luke Lango outlined today, if Trump does grant early approval to the vaccine candidate in October — creating what some are calling a “Vaxtober Surprise” — the vaccine will not have gone through the same rounds of rigorous trials we are used to in the United States. AstraZeneca will have just wrapped up a human trial featuring 10,000 participants.

But at the same time, it is impossible to deny that the best way to find stocks to buy right now is by looking at companies that would benefit most from a vaccine. What companies need a true return to normal to thrive once more? What once-popular activities are consumers still fearful about?

Lango did exactly that, writing that while a “Vaxtober Surprise” would be controversial, it would also be a great election-year move for Trump and a handful of stocks.

Here are five of his picks (click here for the full list):

  • Wells Fargo (NYSE:WFC)
  • Kohl’s (NYSE:KSS)
  • Under Armour (NYSE:UA, NYSE:UAA)
  • Live Nation (NYSE:LYV)
  • Benefitfocus (NASDAQ:BNFT)
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