1 ETF and 1 Cryptocurrency to Buy If Donald Trump Wins the Presidential Election and 2 Stocks to Buy if Kamala Harris Wins

Voters will soon head to the polls to elect the next U.S. president in what could end up being the closest presidential election ever. The next president and Congress will implement a new regulatory regime and laws that could influence the stock market and many sectors. I would imagine that most investors have been positioning their portfolios to benefit from who they think will win, as well as hedging the victory of another candidate. Here is one exchange-traded fund (ETF) and cryptocurrency to buy if former President Donald Trump triumphs on election night and two stocks to buy if Kamala Harris wins.If Trump wins, I would look at bank stocks. While bank regulation is not the focus of this election, President Joe Biden's administration has been very punitive to the banking sector. Part of this is likely due to several unchecked bank runs in 2023 that led to a spate bank failures at some of the fastest speeds ever. Many believe some banking regulators were slow to act, which might have heightened their sense of urgency during the last year.But even before that, regulators during this administration have significantly slowed down approval times on bank mergers and acquisitions, forcing some large banks to call off mergers and others to contemplate whether pursuing mergers and acquisitions (M&A) is worth it. Even smaller deals between banks and fintechs struggled to receive approval in a timely manner and a number of mergers were called off. Bank M&A is a catalyst for the sector, so a Trump presidency may well open the floodgates.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool