Monday, Nov. 03, 2008

Which Stocks Would Soar Under an Obama Presidency?

Under George W. Bush, oil stocks became gushers. Technology stocks lit up during the Clinton presidency. So which shares would rise the most during a Barack Obama stretch in the White House? It's actually easier than it might seem to pick the right investment themes for a politically charged run. After all, you didn't need to be Warren Buffett to figure out that ExxonMobil and Chevron would benefit from a Texan President or that defense stocks would flourish under Reagan. Of course, you would have needed a well-polished crystal ball to have known to load up on Internet stocks in late 1992 as Clinton's presidency became a reality. Yahoo!, after all, didn't go public until 1996. Still, investment professionals across the country are hopeful that they can figure out which companies — and stocks — would benefit most from an Obama presidency. Already, according to International Strategy & Investment, an economic-forecasting firm, a portfolio of Obama-friendly investments has outperformed McCain stock picks by nearly 12% since August.

Click through to find three sectors and stock picks that stand to benefit if Obama is sworn in on Jan. 20, 2009.