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Research Outline

Prepared for Suneet W. | Delivered October 26, 2020

Stocks and Political Unrest

Goals

To determine which public stocks will increase or decrease in value after the upcoming election due to political unrest.

Early Findings

  • A CNBC report suggests, infrastructure, clean energy and health-care services companies would be poised to do well, while Pharmaceutical companies and FAANG stocks (Facebook, Amazon, Apple, Netflix and Alphabet) could decrease in stock price.
  • The following 10 public companies could see a rise in stock prices if Trump wins the election: Bank of America, JPMorgan Chase, Amazon, Exxon Mobile, Twitter, Facebook, Lockheed Martin, Geo Group, Walmart and Vaneck Vectors Russia ETF.
  • Seven public companies in the medical marijuana industry that should see an increase in stock price: Canopy Growth, Cronos Group, Tilray, Innovative Industrial Properties, Charlotte's Web, Turning Point Brands and Curaleaf.
  • These are the top 10 public tech companies that may likely decrease in value after the election due to efforts to enforce stricter regulations- no matter who wins: Google, Microsoft, Intel, Advanced Micro Devices, Facebook, Amazon, Apple, Taiwan Semiconductor, Salesforce and Nividia.
  • If Biden wins, these public companies win likely benefit: First Solar, Sunrun, Canadian Solar, NextEra Energy, Plug Power, SPI Energy, Workhorse, Advent Technologies, AMCI Acquisitions and Nikola.
  • These public company stocks will likely lose credibility after a Biden win: Sturm Ruger, Smith & Wesson Brands, Vista Outdoor, Olin Corporation, Sportsman's Warehouse, Walmart, CoreCivic, Amazon and Big Five Sporting Goods.
  • Electric vehicle companies set to see increase if Biden wins: Tesla, Nikola, Toyota, General Motors and Hyliion.
  •  Gig economy stocks for Uber and Lyft have been fighting the current administration due to laws requiring employees be treated as employees- they will like see an uptick under new legislation. Fiverr, Upwork and Etsy should also see an increase in price.
  •  Public companies that will likely do well no matter the outcome of the election will be Lockheed Martin, Boeing and Leidos Holdings.