The US presidential campaign is under the spotlight for market participants.In this article, we will take a look at stocks that would benefit most if Trump wins.
Industries expected to thrive under such policies include oil companies, healthcare firms, and automakers, which are seen as beneficiaries of reduced regulatory burdens and favorable trade conditions. However, it should be noted that this is a stock that falls into the category of theme stocks, whose value depends on speculation and FOMO more than financial logic.
For the time being, however, the stock appears to be overvalued about its financial flows, with an InvestingPro Fair Value of $148.47, i.e. 34% below the current price.Trump is better known as a supporter of the oil industry than of renewable energies, but it's no less true that solar panel manufacturer First Solar, which is suffering from Chinese competition, could benefit from a rise in protectionism, making Chinese products less competitive.
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Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »