Two stocks have outperformed the S & P 500 every November when elections have been held over the past three decades — regardless of the outcome, according to a
Pro study. Electrical and industrials giant Eaton Corporation and Sweden's second-largest lender, Svenska Handelsbanken , are the two stocks that beat the U.S. benchmark in November every election year. Pro screened for stocks currently in the MSCI World Index that gained more than the S & P 500 — or lost less than the index — in November of every election year since 1988. The 36-year period has seen four Republicans and five Democrats elected to the White House. Eaton Corp The electrical products and services company is expected to benefit from secular trends including the EV transition, AI and the shift to renewable energy sources.
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