30 Stocks And ETFs To Watch After 2020 Election Day

After the 2020 presidential election, traders and investors will likely turn to sectors that are favored by the winning candidate. Over the last week, Benzinga has shared stocks and ETFs to watch across several sectors.

Along with the SPDR S&P 500 ETF Trust SPY, here is a summary of stocks and ETFs to play after the 2020 election.

Energy Stocks

Helmerich & Payne HP is a stock to watch with the company’s fracking business under pressure from a Biden victory.

Patterson-UTI Energy PTEN is a stock to watch with the company’s fracking business under pressure.

NextEra Energy Inc NEE is the largest wind and solar provider in the U.S. The company could be a winner with Biden’s emphasis on clean energy.

Array Technologies ARRY, a recent solar ETF, provides trackers for solar panels. The company could be a winner with Biden’s focus on clean energy.

Energy Transfer LP ET owns the Dakota Pipeline and could see pressure from Biden winning.

TC Energy Corporation TRP owns the Keystone Pipeline, which Biden has opposed.

The Invesco Solar Portfolio ETF TAN could be a winner if Biden wins.

The ALPS Clean Energy ETF ACES and VanEck Vectors Low Energy ETF SMOG are two other ETFs that could gain on Biden’s clean energy plans.

Related Link: 7 Current And Former SPACs That Could Be 2020 Election Plays

Defense Stocks

Lockheed Martin LMT could be a winner under Trump with the current president favoring high defense spending and focusing on space.

Northrop Grumman NOC is another defense and space company that could gain under a Trump presidency.

Parsons Corporation PSN splits its business between two segments Biden has favored with infrastructure and cybersecurity.

Viasat Inc VSAT gets 50% of revenue from government services and could be a winner under a Biden focus on cybersecurity.

The SPDR Kensho Future Security ETF FITE could be a play on Biden favoring spending on cybersecurity.

Electric Vehicles, Auto

General Motors Company GM could benefit from a Trump victory giving the company time to expand its electric vehicle efforts. Trump has not favored tax credits for electric vehicles, which could help the company compete on price.

Ford Motor Company F could benefit from Trump’s re-election giving the company time for its electric vehicle lineup expansion.

Tesla Inc TSLA could be one of the biggest Biden winners with the former Vice President favoring tax credits for electric vehicles, considering a “cash for clunkers” program and building out charging stations.

Blink Charging Co BLNK could benefit from Biden’s plan to build 500,000 charging stations across the U.S. Biden said this at the first presidential debate.

Switchback Energy Acquisition Corporation SBE is a SPAC merging with ChargePoint, a charging station company that could benefit from a Biden victory.

The Global X Autonomous & Electric Vehicles ETF DRIV could be a good play for investors to take advantage of the electric vehicle industry under a Biden win.

Health Care

HCA Healthcare HCA is the owner of hospitals that could benefit from a Trump victory.

UnitedHealth Group UNH is the country’s largest private health care insurer and could benefit from Trump’s re-election.

Humana HUM could benefit from Biden’s plan to lower the age of Medicare.

CVS Health CVS could benefit from Biden’s Medicare efforts with its ownership of Aetna.

GoodRx Holdings GDRX could benefit from either president with both supporting lowering drug costs and GoodRx helping customers find the lowest price.

Technology

Facebook Inc FB is disliked by both Trump and Biden. The company is under subpoena for how they handle censorship on social media.

Twitter Inc TWTR is also under subpoena for its censorship on social media. The company has been a target of Trump in the past.

Alphabet Inc GOOGGOOGL is being investigated by the Department of Justice for anti-competitive behaviors. A blue wave win could put pressure on Google to split the company up.

Tencent Holdings TCEHY was a target of Trump earlier this year over the Chinese company ownership of U.S. users data.

The Technology Select Sector SPDR ETF XLK could gain on less regulation and tariffs put on China under Biden.

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