Barclays playbook for the election: Stocks that win under Trump or Harris

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The firm expects a Trump presidency to lead to a new global trade war, while a win for Harris would lead to less dramatic policy changes.

Stocks ranging from L3Harris to Burlington could benefit from either a Trump or Harris victory this fall, according to Barclays. "In addition to the general unpredictability of U.S. politics, this election in particular is being closely watched given the divergent economic policies, depending on the results," analyst Terence Malone said in a Wednesday note. "With this all in mind, our base case ...

Both presidential candidates are expected to raise defense spending, but Trump has also placed an emphasis on an expanded national missile defense "dome" and increased defense budgets during his first tenure in the White House. UnitedHealth Group , the largest private insurer in the U.S., has been considered a Trump election beneficiary by several analysts , as the managed care company could benefit from an easing regulatory environment.

 

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