The first presidential debate will take place on June 27, and since there will only be two debates in 2024, and this is the first debate, its significance for the outcome of the election is self-evident. The presidential debate will be between incumbent U.S. President Joe Biden, representing the Democratic Party, and former U.S. President Donald Trump, representing the Republican Party. With the policies advocated by Biden and Trump all but clear, Wall Street analysts have been pondering which stocks would benefit from a potential election outcome. In its latest Election Watch report, UBS analyzes the policies pursued by the past two U.S. presidents and how they affected specific industries and companies. Analysts also warn that for stocks, policy is only one factor, and each stock will still have other unique risks that could affect future performance. Based on its analysis, UBS came up with two lists. One was a list of stocks likely to benefit from a Biden presidency, which it called Biden stocks; The other is a stock that could benefit from a Trump election, calling it a Trump win. It should be explained that the logic of these two lists is entirely based on policy considerations, so stocks that involve the interests of the candidates themselves, such as the Trump Media Technology Group, are not included.

Joe Biden reelection stocks

The Biden administration has promoted the "clean energy revolution", continuously expanded the advantages of the United States in the field of clean energy through the adjustment of energy policies, and maintained the global hegemony of the United States in the field of carbon emission reduction and climate change. The "clean energy revolution" includes a number of measures: at home, it is mainly manifested in limiting the development of fossil energy, increasing investment in clean energy technology, and developing a clean energy economy; At the international level, it takes the form of extensive climate and energy diplomacy with Allies and coercive diplomacy with China to promote global leadership in developing clean energy.

• Electrical components and grid companies based on the benefits of electrification policies under the Clean Energy Revolution: Eaton (ETN.US), Quanta Services (PWR.US)
• Clean Hydrogen Production Facilities: Air Products (APD.US) Energy Efficiency Products Manufacturers: Johnson Controls (JCI.US), England Solan (TT.US)
• Waste management companies benefiting from renewable infrastructure and gas investment projects: Republic Services (RSG.US), Waste Management (WM.US)
• Solar, electric vehicles and charging infrastructure producers: Tesla (TSLA.US), First Solar (FSLR.US), NextEra Energy (NEE.US), Sunrun(RUN.US)

Trump trounced concept stocks

On May 24, 2018, US President Donald Trump signed the Economic Growth, Deregulation, and Consumer Protection Act, making significant progress in the US financial regulatory deregulation reform. In terms of energy, Trump and Biden advocate the complete opposite, the Trump administration advocates relying on traditional energy, achieving net energy exports, and significantly reducing investment in new energy, the specific implementation of which is reflected in promoting the development of traditional energy and reducing environmental regulation. During his term in office, Trump implemented the economic policy of "global contraction, America first", promoting the return of manufacturing through domestic policy measures such as tax cuts and interest rate hikes, and protecting domestic industries through punitive tariffs and technical barriers.

• Banks and consumer finance companies that benefited from the relaxation of Wall Street capital liquidity rules: Jpmorgan Chase (JPM.US), Bank of America (BAC.US), Wells Fargo (WFC.US), KeyCorp(KEY.US), Synsync Financial (SYF.US), Discovery Financial (DFS.US) and other financial institutions that have benefited from reduced merger review activity: Goldman Sachs (GS.US), Morgan Stanley (MS.US), Evercore(EVR), Lazard(LAZ)
• Natural gas producers benefiting from deregulation: Cheniere Energy (LNG.US), ExxonMobil (XOM.US), Conocophillips (COP.US)
• Semiconductor manufacturers, automakers and steelmakers benefiting from Trump's protectionist trade policies: Intel (INTC.US), Texas Instruments (TXN.US), Applied Materials (AMAT.US), KLA Corp (KLAC.US), Ford (F.US), General Motors (GM.US), Nucor Steel (NUE.US), Steel Dynamics(STLD.US)

How to buy US stocks with uSMART SG:

After logging in the uSMART SG APP, click on "Market" from the bottom of the page, click on "US stock" at the top of the page, and then slightly pull down, select the US stock code you want to invest, click on "trading" in the lower right corner, select the "buy/sell" function, and finally select the stock price, number of shares, trading conditions and send the order; If you select the "Smart Order" function, select the smart order type. Image operation instructions are as follows: