'Election Proof' Your Portfolio Regardless Of Which Candidate Wins – Experts Share Stock Picks For Harris Or Trump Victory

Stocks are defying expectations this fall, breaking their typical pattern of cooling down during the autumn months. Historically, September has been the worst month for equities, with October offering only a slight improvement, especially in the run-up to presidential elections. But this year, the S&P 500 has taken a different path, climbing around 8% since early September, setting new highs and raising eyebrows across the investment world.

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As reported by Business Insider, David Keller, a technical strategist at Sierra Alpha Research, recently shared his views on the market’s surprising resilience in a webinar. Keller noted that, while the recent gains are a welcome sight, they could also be a signal to proceed with caution. He suggested that long-lasting rallies often come with a hidden warning and staying prepared for shifts in market momentum can benefit investors looking for stability.

Keller highlighted stocks that could perform well depending on who takes the White House. In the case of a Trump win, defense and industrial sectors might see a boost, with companies like Raytheon and General Dynamics expected to perform better if defense spending remains a priority. Oil and gas companies could also benefit, as traditional energy will likely have a more favorable environment under Trump. Pharmaceuticals, another area that may see support, might get a regulatory break, allowing further growth in the sector.

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On the other hand, if Harris claims victory, renewable energy and electric vehicles are positioned to benefit. However, Keller noted these industries still have ways to show consistent strength. With companies in the solar and EV sectors, such as those in the Invesco Solar ETF and big names like Tesla, a Harris administration could mean a better environment for growth in green energy. However, some sectors may need more time to demonstrate their resilience.

For those seeking stability without worrying too much about the election results, Keller suggested several areas that could weather changes regardless of who wins. Homebuilders, for instance, stand to gain from lower interest rates, which could keep housing demand high. Tech stocks, particularly those focused on AI and semiconductors, appear poised to continue their momentum. Utilities and infrastructure are also appealing choices, offering both resilience and dividends, which might attract investors seeking a more defensive approach.

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With a new administration around the corner, Keller's insights offer investors a mix of opportunities and potential safeguards, helping them to navigate this unprecedented fall season. However, since Keller is not a licensed financial advisor, his insights are his opinion and shouldn't replace personalized guidance. For tailored investment strategies, consulting a qualified financial advisor can ensure your choices align with your unique goals and risk tolerance.

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