Stocks benefiting from GOP influence
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Hey Insiders, Today we are going to look at some stocks that could benefit from Republicans taking control of the House and limiting the Democratic agenda, and pushing some of their own policies. | | |
Stock to Watch: Targa Resources Corp (NYSE: TRGP) - This is a stock in the energy sector, which tends to benefit from Republican leadership due to more lenient environmental laws.
- The company has an 85.7% buy rating from Wall Street analysts.
- The company has a 30.2% upside to its average target price.
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Stock to Watch: Delta Air Lines (NYSE: DAL) - This is a stock in the industrials sector, which tends to benefit from Republican leadership due to deregulation policies.
- The company has an 80% buy rating from Wall Street analysts.
- The company has a 44.9% upside to its average target price.
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Stock to Watch: Alphabet (NASDAQ: GOOGL) - This is a stock in the technology sector, which tends to benefit from Republican leadership due to more relaxed privacy and data-sharing laws.
- The company has a 75.5% buy rating from Wall Street analysts.
- The company has a 44.9% upside to its average target price.
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Stock to Watch: Walt Disney Company (NYSE: DIS) - This is a stock in the consumer services sector, which tends to benefit from Republican leadership due to relaxed regulation and consumer protection policies.
- The company has a 71.4% buy rating from Wall Street analysts.
- The company has a 37.7% upside to its average target price.
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Stock to Watch: Copart (NASDAQ: CPRT) - This is a stock in the consumer cyclical sector, which tends to benefit from Republican leadership.
- The company has a 70% buy rating from Wall Street analysts.
- The company has a 29% upside to its average target price.
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Stock to Watch: Dish Network (NASDAQ: DISH) - This is a stock in the telecommunications sector, which tends to benefit from Republican leadership, opening up competition and opportunity in the industry.
- The company has a 62.5% buy rating from Wall Street analysts.
- The company has a 130.5% upside to its average target price.
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Stock to Watch: Match Group (NASDAQ: MTCH) - This is a stock in the technology sector.
- The company has a 65.2% buy rating from Wall Street analysts.
- The company has a 50.8% upside to its average target price.
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| | Liam Gill is a founder, lawyer and investor. He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law in Vancouver, Canada. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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