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Potential stock winners and losers from Tuesday's U.S. election
Tuesday’s presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects on various stocks and sectors, and investors have spent months trying to identify potential winners and losers.
A group of stocks seen benefiting from Biden’s Democratic policies has outperformed those seen benefiting from Republican Trump. Over a two-month period that ended Wednesday, a “Biden basket” of stocks created by JPMorgan head of U.S. equity strategy Dubravko Lakos gained 4.5% versus a 16% drop for a “Trump basket.”
Here is a look at stocks that might fit best in a Biden or Trump portfolio:
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