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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:
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.
With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country! Phase 4
— Donald J. Trump (@realDonaldTrump) March 31, 2020
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:
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)
3 Gun Stocks to Buy for Trump’s Law and Order
[Tuesday, August 25, 2:16 pm]
Contributed by Sarah Smith
The first night of the Republican National Convention made one thing very clear: President Donald Trump is positioning himself as the law-and-order candidate.
This should not be a big surprise. His second-term campaign priorities include “fully funding” police departments as cries to defund or abolish the police grow louder. He also calls to classify drive-by shootings as acts of domestic terrorism and increase penalties for attacks on law enforcement officers.
Kicking off the RNC, these priorities, and his broader law-and-order stance, were in the spotlight. Speakers focused on the alleged dangers posed by Democrats that lean farther left than former Vice President Joe Biden. Some said Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez would be driving the entire administration if Biden were elected. Other speakers, like House Minority Whip Steve Scalise, focused on their appreciation of law enforcement officers and the dangers of apparent rising crime. Scalise was shot in 2017 at the annual Congressional Baseball Game for Charity.
Recent data shows that a majority of Americans believe that crime is rising. And while the murder rate in many major cities has been climbing during 2020, overall rates of violent and property crimes have been consistently falling.
However, Trump and his supporters are almost guaranteed to keep playing on this widely held fear, particularly as Democrats call for stricter gun control measures, criminal justice reform and drug decriminalization or legalization. With these fears brought into the limelight, gun stocks are likely to benefit. Why? Pro-gun Americans will want to brace themselves for a reality in which Biden wins, particularly as Trump amps up the rhetoric that a Biden presidency will lead to higher crime.
As InvestorPlace’s Todd Shriber recently wrote, gun sales are already soaring in 2020. With that in mind, here are three top recommendations from Shriber:
One caveat: If Trump does win, be prepared for gun stocks to come back down, just as we saw in 2016.
Prep Your Mindset for Post-Election Portfolio Success
[Tuesday, August 25, 11:06 am]
Contributed by Sarah Smith
There is a lot of uncertainty in the markets right now. The novel coronavirus continues to weigh on consumers and investors, and the upcoming U.S. presidential election only adds to the stress. But there are a few truths to understand right now as you are thinking about investing for the election.
Yes. There are certain stocks to buy that will benefit more if President Donald Trump gets reelected, and there are stocks that will benefit more if former Vice President Joe Biden gets elected. Their campaign priorities and past stances on key issues are helpful in guiding investors ahead of November.
But regardless of the outcome, stay in the market. As Forbes contributor Juan Carlos Medina wrote yesterday, history has seen waves of investors fleeing the markets ahead of presidential elections. However, when fears drives you out of the market, it can be hard to enter. Along the way, you tend to miss out on some of the best gains. Just think about everyone who sold off at the start of March — huge opportunities in stocks like Novavax (NASDAQ:NVAX) and Zoom Video Conferencing (NASDAQ:ZM) passed them by.
Whether Trump or Biden wins, Medina has five key takeaways for investors. Keep buying stocks, and get ready for the wild ride:
- Figure out why you are investing, and what your overall investing timeframe is.
- Take a risk tolerance questionnaire.
- Determine if you are a hands-on or hands-off investor.
- Get in to the market, and stay in.
- Ignore the noise from social media, friends and family.
6 Vaccine Stocks to Buy for Operation Warp Speed
[Monday, August 24, 4:25 pm]
Contributed by Sarah Smith
Investors have long realized that vaccine stocks are a great way to play the novel coronavirus. They have been some of the best stocks to buy amid the pandemic, particularly as Wall Street has leaned into the idea that widespread vaccination will bring about a return to normal. Such a return to normal would mean in-person learning, reopened businesses and a revitalized economy.
On Monday, investors are also getting a good look at the sort of political catalysts behind these stocks.
Reports over the weekend began to circulate that the White House — through the U.S. Food and Drug Administration — would grant early approval to a vaccine candidate from AstraZeneca (NYSE:AZN) and the University of Oxford. Clinical data thus far supports that the candidate is safe and can generate an immune response, but human trials within the U.S. are just kicking off.
Some are responding to the news with lots of excitement. Monday morning saw airline stocks and cruise operators rallying. Any industry that would benefit from vaccination seemed to climb. But others are worried that Trump could rush vaccine approval to stoke voter support ahead of the November election.
With perfect timing, InvestorPlace’s Dana Blankenhorn weighed in. Trump is pouring billions of dollars into the vaccine race, via Operation Warp Speed. He writes that beyond money, these vaccines will need time. But that hasn’t stopped investors from making a whole lot of money.
Vaccine stocks are red-hot in 2020, and that is not likely to change. In fact, regardless of the election outcome, they will continue to be critical to the American reopening plan. However, any more early indications of success — early as in prior to November — could boost the chances of Trump’s reelection, beyond creating rallies similar to what we saw this morning.
As the vaccine race heats up, Blankenhorn sees these six stocks as your best bets:
- Moderna (NASDAQ:MRNA)
- Regeneron (NASDAQ:REGN)
- Sanofi (NASDAQ:SNY)
- Novavax (NASDAQ:NVAX)
- Sorrento Therapeutics (NASDAQ:SRNE)
- Inovio (NASDAQ:INO)
How Will the Secretive Palantir IPO Fare Ahead of the Election?
[Monday, August 24, 3:30 pm]
Contributed by Sarah Smith
Tech unicorn Palantir generates a certain kind of buzz. It is secretive. Reports of its revenue have columnists raising their eyebrows. And despite lots of talk about its upcoming public debut, hardly anyone has seen its S-1 filing with the U.S. Securities and Exchange Commission.
Palantir, led by CEO Alex Karp, says that it builds software for data-driven decision making. Others, like Nick Statt from The Verge, highlight that it is most known for its work in surveillance and policing. It once provided predictive policing software to a police department in New Orleans, and has provided other profiling tools to U.S. Customs and Immigration Enforcement (ICE).
Now, the company is planning a direct listing, allowing it to bypass the IPO underwriting process and avoid diluting existing shares. Tech companies like Spotify (NYSE:SPOT) and Slack (NYSE:WORK) similarly opted for this alternative.
Today Emerging Tech Brew’s Ryan Duffy shed a bit more light on this listing. Once public, there will be three classes of Palantir stock. Founders will retain roughly 50% voting control — in perpetuity. And with its controversial clientele, Duffy wonders exactly how Wall Street will treat the company.
That is a fair question, and it is especially relevant as the Republican National Convention launches. Over the last few months, calls to abolish ICE have gotten louder and gained more mainstream support. But President Donald Trump — who Palantir co-founder Peter Thiel has long backed — is pushing ahead with his plans to “end illegal immigration.”
Once public, will Wall Street flirt with a company at the heart of a deep partisan split? Will its unicorn status and data focus give it an edge? Only time will tell. As the financial press heats up on Palantir, pay close attention.
4 Stocks to Buy to ‘Eradicate’ the Coronavirus
[Monday, August 24, 2:46 pm]
Contributed by Sarah Smith
President Donald Trump faces a critical challenge during the Republican National Convention.
Democrats — and even many Republicans — are calling his response to the novel coronavirus damaging, with obituaries around the nation blaming the president for Covid-19 deaths. Somehow, Trump must answer to these criticisms while still invoking a sense of confidence in his leadership. How he does this is particularly important. Why? His supporters are billing the four-day event as positive and uplifting, countering what they see as “divisive” messaging from Democrats.
Although the RNC does not launch until later this evening, Trump’s recently released second-term campaign priorities give us a sneak peek into what we can likely expect. Leaning into U.S.-China tensions, he says he plans to “hold China fully accountable” for the pandemic. But perhaps more interesting to investors is a proposal to refill stockpiles and prepare the U.S. for future pandemics.
These plans to prep for the future could serve to rebound from claims the U.S. was underprepared for the coronavirus. The earliest weeks of the pandemic saw shortages of face masks and other personal protective equipment (PPE), and some hospitals are still scrambling.
While those headlines garnered attention, a handful of investors made a lot of money. PPE suppliers, and companies that became PPE suppliers, shot up in the first weeks of March and April. Since then, with the supply chain more under control, some investors have feared that the opportunities in those names are done. But with Trump ready to stockpile, these companies could see a second wave of demand.
So what companies are most likely to benefit? Two PPE-specific companies, Alpha Pro Tech (NYSEMKT:APT) and Lakeland Industries (NASDAQ:LAKE), were some of the highest-flying stocks. These two companies could once again capitalize on stockpiling and general pandemic prep.
But other manufacturers quickly pivoted their focus to address the pandemic. As Supply Chain Dive highlights, many companies either began producing new items or reallocating resources. 3M (NYSE:MMM) has since doubled its global output of N95 masks and respirators, and it is still switching up its factories to produce more respirators.
Lastly, with true PPE reserved for healthcare and other frontline workers, everyday Americans turned to good old Clorox (NYSE:CLX). Disinfecting wipes and sprays flew off the shelves, and stores are still struggling to keep products in stock. If Trump sets the tone that it is time for the U.S. to prep for the future and stockpile goods, then many households could do the same. In that scenario, expect the demand to once again be sky-high for Clorox wipes.
Why General Motors Stock Looks Hot Ahead of the Election
[Monday, August 24, 1:33 pm]
Contributed by Sarah Smith
If you have been following InvestorPlace, you know that electric vehicles are all the rage right now. Seemingly every day we learn of a new company that is planning to go public, and shares of Tesla (NASDAQ:TSLA) keep racing for the stars. But ahead of the upcoming U.S. presidential election, there is one EV play that particularly stands out.
General Motors (NYSE:GM) is not a mainstream electric car pick. In fact, analysts often tout how TSLA has so far surpassed GM that it is comical. But General Motors stands to benefit from the campaign priorities of both President Donald Trump and former Vice President Joe Biden.
How? General Motors is leaning into the future with its plans for all-electric vehicles. We recently reported on the unveiling of the Lyriq, its electric Cadillac model. Biden has outlined plans to “Buy America” — to support American manufacturers and help them get creative about their resources. This would help old-school GM, a stalwart American company that is struggling as high-tech automakers and city-living millennials detract from the traditional auto industry.
But Biden also calls to funnel money into American innovation, specifically calling out the research of electric vehicle technology. General Motors has several all-electric vehicles slated for future launches, including its Cadillac and an all-electric Hummer.
Not convinced? A Biden campaign video shows him cruising around in a Corvette, and he accidentally hinted at an upcoming rollout of an electric Corvette that could go 200 miles per hour. Clearly Biden is a big fan.
The case for Trump and General Motors is a bit trickier, but it is still there. His “Made in America” plans call for creating new jobs through getting American-headquartered companies out of China, and back to the U.S. But Trump and GM are on rocky footing. Earlier in the pandemic, the president had some not-so-nice words for CEO Mary Barra. Since then, General Motors has insisted its Chinese joint venture does not fall under the “Made in America” plan, and therefore should not be of concern to Trump. However, General Motors is still a quintessential American manufacturer that Trump’s electoral base likely supports.
Regardless of how November turns out, this is a stock you want on your radar.
5 Marijuana Stocks to Buy for a ‘Blue Wave’
[Monday, August 24, 12:27 pm]
Contributed by Sarah Smith
Ahead of the Republican National Convention, President Donald Trump expressed a key election concern. Would marijuana-related ballot initiatives get more Democrats — especially younger voters — to the polls in November? According to one report, ballot measures that would decriminalize or legalize marijuana could “supercharge” voter turnout.
At a time when pro-weed sentiment is growing in the United States, Trump remains decidedly opposed to legalization or decriminalization. In fact, as many left-leaning Americans are calling to massively reform the criminal justice system, Trump is cracking down on his stance. His recently revealed campaign priorities for his second term that include fully funding police departments and removing cashless bail — a system that typically removes bail payments for misdemeanors and many nonviolent felonies.
But Americans are increasingly in favor of legalizing marijuana use. As of November 2019, two-thirds of adults in the U.S. supported legalization. And Democratic lawmakers are more likely to agree with this majority.
So what does this mean for investors? Marijuana stocks are relatively out of favor now, after supply-demand imbalances and the novel coronavirus wreaked havoc on the industry. But attention is beginning to return to the space ahead of the November election. Later this week, a new cannabis-focused special acquisition purpose company (SPAC) will go public with the intent to raise $125 million.
Therefore, if you believe that widespread legalization would be a big catalyst for the cannabis industry, and for your portfolio, a so-called “Blue Wave” may be in your best interests. InvestorPlace Markets Analyst Luke Lango wrote last week that a Blue Wave — where Democrats gain control of the White House, House of Representatives and the Senate — could bring “sweeping” cannabis reform.
If you have high hopes for the November election, take a close look at these five marijuana stocks:
- Canopy Growth (NYSE:CGC)
- Aurora Cannabis (NYSE:ACB)
- Cronos (NASDAQ:CRON)
- OrganiGram (NASDAQ:OGI)
- Aphria (NASDAQ:APHA)
5 Stocks to Buy for a ‘Made in America’ Push
[Monday, August 24, 11:35 am]
Contributed by Sarah Smith
Made in America. Three words, two presidential candidates, lots of investing opportunities.
Just ahead of the Republican National Convention, President Donald Trump released his second-term campaign priorities. While his plans unsurprisingly include many action items on immigration, the police and U.S.-China relations, they also go back to an anchoring part of his 2016 election. Jobs. Perhaps more relevant now amid the novel coronavirus, Trump is promising to create 10 million jobs in 10 months. Plans for a “Made in America” tax credit facilitate this, encouraging a restoration of American manufacturing.
Former Vice President Joe Biden takes a different approach while using similar rhetoric. Focusing on plans to “Buy American” and “Invest in All of America,” he criticizes the “trickle-down” nature of the Trump proposal while reinforcing it is time to focus on the American economy through domestic manufacturing and innovation. His proposal includes funneling $300 billion into researching innovative technologies and creating incentives for American manufacturers.
While each plan lends itself to a specific group of investment opportunities, there is a way to generally play this catalyst. Look for stalwart American companies — likely struggling manufacturers that have a big spot in U.S. history. Then, look for those companies that are continuing innovate despite their challenges. Think of legacy automakers pushing into the electric vehicle space and manufacturers that pivoted to produce personal protective equipment (PPE).
InvestorPlace’s Tezcan Gecgil took an early stab at this, finding two exchange-traded funds and three stocks to buy that represent uniquely American opportunities. This catalyst will surely continue to evolve, but for now, her picks look solid:
- Ford’s (NYSE:F)
- iShares Core S&P Total US Stock Market ETF (NYSEARCA:ITOT)
- Twitter (NYSE:TWTR)
- Vanguard ESG US Stock ETF (BATS:ESGV)
- Walmart (NYSE:WMT)