Investing
Which Stocks Lose When Clinton or Trump Becomes President?
Published:
Last Updated:
Elections are now less than six months away, and the candidates that will go head to head come November are all but set in stone, barring an indictment from the U.S. Justice Department for Hillary Clinton over her emails. This seems rather unlikely though, given that Justice Department employees have donated a total of $73,437 to her campaign so far. So assuming Clinton will be the Democratic nominee, it’s time to start thinking about which industries are exposed more to Clinton and which to Trump.
If Clinton Wins
The democratic candidate has been particularly hard-nosed on the coal industry, with renewable energy forming a major part of the bedrock of her campaign. If Hillary gets the nod come November, coal companies could suffer on expectations even more than they already have. In the United States, industry leaders and some of the most exposed to governmental reform include Teck Resources Ltd. (NYSE: TCK) and CONSOL Energy Inc. (NYSE: CNX). The former is a large coal producer that mines and sells coal intended for use in steel making. This probably reduces its exposure slightly when compared to the latter, which provides a large amount of commercial and domestic fuel coal, but not considerably.
Another industry set to take a hit on a Clinton win is insurance. Health care is another bedrock of her campaign — specifically, the expansion of the currently available health care for all policies. While hospitals are set to benefit from an influx of patients, the fresh wave of patients are unlikely to be the ones footing the bill for their treatment. Instead, insurance companies will be forced to do so. Humana Inc. (NYSE: HUM) and Cigna Corp. (NYSE: CI) stand out here as Obamacare will continue to strain insurance companies, with many already pulling out of health insurance altogether.
24/7 Wall St.Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
