FILE - In this file photo taken March 16, 2011, traders work on the floor of the New York Stock Exchange. Upbeat U.S. earnings buoyed stock markets around the world Thursday, April 21, ahead of another round of company reports, while the euro neared a one-and-a-half year high against the dollar as investors were willing to take on more risky trades. (AP Photo, file)AP – Strong earnings reports from big companies including Apple Inc. and UnitedHealth Group Inc. lifted stocks across the market Thursday.


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AP – EARNINGS LIFT: Strong earnings from large companies like Apple Inc. and UnitedHealth lifted stocks broadly higher. Gains were spread across the market, with all 10 company groups that make up the S&P 500 index closing the day with gains.

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FILE - In this file photo taken March 16, 2011, traders work on the floor of the New York Stock Exchange. Upbeat U.S. earnings buoyed stock markets around the world Thursday, April 21, ahead of another round of company reports, while the euro neared a one-and-a-half year high against the dollar as investors were willing to take on more risky trades. (AP Photo, file)AP – Stocks are heading higher in early trading on stronger earnings from Apple Inc., UnitedHealth Group Inc., and other companies


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Obama and McCain on stocks

By admin on November 4th, 2008

Paul R. La Monica at CNN money talks about the effect of Obama and McCain on stocks. It was based from a research firm International Strategy and Investment (ISI). Andy Laperriere, a managing director of ISI’s policy research team in Washington, has put together a portfolio of 20 stocks for an Obama portfolio and 20 more for a McCain portfolio.

Here are the summary:

  • Alternative energy companies could do well under Obama, since it is likely that an Obama administration would push for more subsidies for alternative energy. So he pick Covanta Holding (CVA), solar energy leader First Solar (FSLR) and Vestas Wind Systems (VWSYF). Other stocks which will do good under Obama: Vulcan Materials (VMC), Granite Construction (GVA), URS (URS), GM (GM).
  • As for McCain, companies with exposure to nuclear energy could do well since McCain has consistently advocated nuclear as a viable alternative energy source. Shaw Group (SGR, Fortune 500), and Exelon (EXC), could both benefit from a McCain victory. Other stocks which will do good under McCain: Pfizer (PFE), Novartis (NVS), Unitedhealth (UNH), WellPoint (WLP), Aetna (AET), General Dynamics (GD), Northrop Grumman (NOC), KBR (KBR).
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