Heading into the U.S. elections, we wanted to take a quick look at potential winners if Vice President Kamala Harris wins the election.
If you believe Vice President Kamala Harris will win the election, you may want to invest in all things green. That includes green energy and cannabis.
With cannabis, according to Marijuana Moment, “Kamala Harris called for the legalization of marijuana — signaling a possible shift in the administration’s platform heading into the November elections. Harris told a room of cannabis pardon recipients at the White House on Friday that ‘we need to legalize marijuana,’ a participant in the meeting has revealed.”
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If that’s the case, investors may want to jump into cannabis stocks such as: One of the best ways to profit from the potential is with a real estate investment trust (REIT), such as Innovative Industrial Properties. The company focuses on acquisition, and management of state-licensed cannabis operators. It owns 108 properties across 19 states with 8.9 million rentable square feet. Better, IIPR carries a current yield of 6.44%. So, not only can we collect that yield, we can make money from appreciation as the cannabis story heats up. |
Oxford Club
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Green energy stocks could also do well with Harris supportive of the Inflation Reduction Act. If you believe she’ll win, you may want to bet heavily on green stocks, such as: Company: Tesla (SYM: TSLA) Analysts at Morgan Stanley just named TSLA a top pick in the auto sector. With an overweight rating and a price target of $310 on the stock, the firm noted TSLA may be “cornering the market on ZEV (zero-emission vehicle) credits and has seen increased contribution from recurring services revenue.” Also, while earnings weren’t great, it’s priced into recent weakness. While its earnings per share of 52 cents missed by 10 cents, revenue of $25.5 billion, up 2.3% year-over-year, did beat by $760 million. In addition, many of these numbers could improve should the Federal Reserve cut interest rates as expected this year. |
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Company: First Solar (SYM: FSLR) Analysts at Argus just raised their First Solar price target to $250 from $225, with a “buy” rating. The firm believes FSLR will benefit from evolving tariffs and other regulations regardless of who wins the election in November. Barclays also just raised its price target to $290 from $280 with an “overweight” rating on the stock. Plus, earnings haven’t been too shabby. In its second quarter, the company’s net income soared year-over-year (YOY) to $349 million, or $3.25 a share, from $171 million, or $1.59 a share. Revenue rocketed 25% higher YOY to $1.01 billion. |
Paradigm Press
Kamala Harris Could Trigger a 50% Stock Collapse
From the former CIA advisor who predicted President Trump’s win in 2016…AND predicted in September 2023 that Biden would step down…
…He now has an urgent Election Warning for ALL Americans.
Your financial future is at risk. Most Americans are missing this…
Kamala Harris and her progressive goons could trigger a 50% stock collapse, the final demise of the dollar, and even violent riots.
Click here now to see how to protect yourself.
