As investors await the results of a tightly contested U.S. election, JPMorgan is eyeing a collection of stocks that are less dependent on the outcome. Voters in the U.S. cast their ballots Tuesday, and the result could send ripples through markets given the different policy stances from both presidential candidates. Against that backdrop, the bank compiled a list of stocks with little exposure to election themes.
mountain Expedia stock. To be sure, the discussions were in the very early stages and it remains to be seen if a deal with come to fruition. Expedia chairman and senior executive Barry Diller threw cold water on a potential deal on Monday. Starbucks also made the cut. The stock is up just 1% year to date but has soared 31% over the past three months, as investors cheer the appointed of Brian Niccol as CEO.
mountain Starbucks stock. Another stock that made the list is Disney . Disney shares have lagged this year, advancing just 6% as the company deals with headwinds to its cable business while it builds up its direct-to-consumer division. Other names on the list include Hilton Worldwide and Paycom .
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Source: CNBC - 🏆 12. / 72 Read more »