The U.S. presidential election is just a few days away, and Strategas believes some select names are due to perform well depending on the outcome.
As it stands, former President Donald Trump and Vice President Kamala Harris are in a dead heat, per a recent NBC News poll . Seeing that the election is already moving various areas of the market, the firm unveiled stock baskets that could outperform depending on the winner. "We continue to believe this is the most investable election of our lifetimes," analyst Daniel Clifton wrote in a recent note to clients.
The provider of law enforcement technologies has soared about 64% year to date and more than 41% in the past three months. Although Wall Street is largely bullish on the stock, with 14 of the 16 analysts covering it having a strong buy or buy rating, its average price target implies around 3% downside from Thursday's close.
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