Don Dion, portfolio manager with The Street, shared his views about which stocks should be bought ahead of November elections. In a discussion with CNBC, he said that investors should anticipate a kitchen sink approach to energy, which will be good news for nuclear, natural gas and oil stocks.
Dion particularly favored iShares Dow Jones US Oil Equipment IEZ and First Trust ISE Revere Natural Gas FCG. He also likes Market Vectors Nuclear NLR. He said that although there will not be any negative impact on alternative energy, expenditures on subsidies are not likely to increase.
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