Friends, I know we're all feeling the tension right now. The election is just weeks away, and no one can say for sure which way it's going to go. The pundits are screaming, the polls are swinging, and Wall Street is on edge. It's enough to make even the most seasoned investor break out in a cold sweat!
But here's the good news – you don't have to play this guessing game. While most folks are panicking and trying to predict the unpredictable, I'm going to show you how to position yourself for profits, regardless of who takes the Oval Office on November 5th.
You see, certain companies and sectors benefit from specific policies, regardless of which party is in power. And my pal Karim Rahemtulla, over at Monument Traders Alliance, has two brilliant picks that perfectly illustrate this point. One company is poised to benefit no matter who wins. And I'll lay out exactly how we can use his insights to maximize our gains in these uncertain times.
SolarEdge (SEDG) – Kamala's Clean Energy Champion
Let's face it, if Kamala Harris wins the election, there's going to be a renewed push for clean energy. The Biden administration already plowed trillions into this sector. And with a Harris victory, expect those investments to accelerate.
That's where SolarEdge (SEDG) comes in. As Karim points out, this company is a “key player in the renewable energy sector.” They make the high-tech inverters that are essential for solar energy systems to function efficiently. As demand for solar energy surges, SEDG will be a direct beneficiary.
Now, some of you might be thinking, “But Ian, what if Trump wins? Won't this company tank?” Not necessarily. Remember folks, clean energy is no longer solely a “liberal” cause. Even under a Trump administration, you can bet there will be continued investment in green energy projects, albeit with a greater emphasis on nuclear power. And even if solar takes a backseat to nuclear, SolarEdge will still ride the wave of “electrification” that is sweeping the globe.
Alphabet (GOOG) – Trump's Tech Titan
Speaking of Trump, my friend Karim has a play for that scenario as well. He points out that under a Trump presidency, big tech is likely to see favorable regulations. That's where Alphabet (GOOG) comes in. As the parent company of Google, Alphabet dominates online advertising, cloud computing, and a whole host of other key sectors. They've got their fingers in practically every profitable pie in the tech sector.
And under a Trump administration, you can expect less antitrust scrutiny and red tape, which gives Alphabet more freedom to innovate and grow its already massive market share. This, frankly, is part of why their stock shot up nearly 50% in 2023.
Now I know what some of you are thinking – Isn't Alphabet a risky bet right now? Tech stocks have been struggling, and AI is introducing new competition in areas like search. But here's the thing, Alphabet is already adapting. They're pouring money into their own artificial-intelligence ventures, and they've got the financial muscle to compete and win in this new landscape. And as regulatory winds shift in their favor, they're poised to soar even higher.
Your Election-Proof Action Plan
Friends, the 2024 election might be close. But you don't have to play a guessing game with your portfolio! By carefully positioning ourselves in both SolarEdge (SEDG) and Alphabet (GOOG), we can set ourselves up for profit no matter who ends up in the White House.
And tomorrow, I'm diving into another contrarian opportunity: luxury stocks! Get ready for a deep dive with Shah Gilani on why a luxury king is about to make a comeback. Don’t miss it!
