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Analysts say that these are 5 high-quality “election-resistant” stocks with upside potential



It’s almost here. Tuesday is the National Sandwich Festival.

More relevant to the financial markets is that Tuesday is also the date of the US election. The pre-election nerves must have been shown this week, although the market has also had to fight the new European ban and the deadlock in stimulating US negotiations.

David Trainer, the founder of independent research company New Constructs, made a list of five stocks that were not counted. He said that all these draft picks have attractive risks and rewards, large cash reserves and strong market share.

One is JPMorgan Chase (JPMorgan Chase) JPM,
+ 0.65%,
American banking giants. Trainer emphasizes its strong balance sheet and ability to increase profits in an environment of low and falling interest rates.

Simon Property Group SPG,
+4.36%,
Shopping center operators are an even more surprising choice. However, Trainer said that at current prices, its after-tax net operating profit is expected to drop by 50% permanently. In the last recession, its NOPAT dropped by 1

2% in 2009 and rebounded by nearly 37% in 2010. The surviving physical retailers, such as Williams-Sonoma WSM,
-0.52%,
He said that with the moderate recovery of the economy, the value of the stock will reach $99.

Throughout the COVID-19 pandemic, the housing market has been strong, Trainer likes the builder DR Horton DHI,
-1.23%.
Last year, more than two-thirds of the company’s inventory came from homes priced at $300,000 or less. This is an underserved market, but the transaction price is lower than the economic book value.

Hershey HSY,
-0.26%,
Known for chocolate, it was hurt by the international pandemic and the pandemic of weak tourism. However, Trainer said that the acquisition of brands such as SkinnyPop, Pirate Booty and ONE Brands has made it a “snack power.” Last year, the proportion of consumers who ate three or more snacks a day was 47%, up from 43% in 2015.

Allstate Corp. ALL,
+ 0.67%
It was his final choice. He pointed out that the property and property insurance industry has not been strongly affected by the pandemic. He cited Allstate’s strict underwriting regulations and long-term demand for auto insurance.

buzzing

On Thursday night, the US tech giant reported its huge gains, although investors reacted differently to the results.

Alphabet GOOG, the owner of Google,
+ 3.33%
Strong advertising revenue has boosted the stock price of the Internet giant, and pre-market trading rose 6%.

Apple AAPL,
+ 3.70%
Although iPhone manufacturers did not provide revenue prospects for the holiday quarter, they still rely on Mac sales to report better-than-expected fourth-quarter profits.

Amazon AMZN,
+ 1.52%
The company reported stronger-than-expected third-quarter profits and revenue, although its fourth-quarter profit expectations were lower than analysts expected.

Social media giant Facebook FB,
+ 4.91%
Reported third-quarter profit was stronger than expected. Smaller competitor Twitter TWTR,
+ 8.03%
Pre-market shares fell 15% after the company reported lower-than-expected new user growth.

Coffee chain Starbucks SBUX,
+ 1.29%
The financial report showed that profits fell sharply, and same-store sales fell 9%, although its performance exceeded analysts’ expectations.

Major oil company ExxonMobil XOM,
+ 4.43%
And Chevron CVX,
+ 2.87%
Highlight Friday’s earnings report. Chevron reported surprising adjusted profits, but revenue was lower than expected.

The latest data on personal income, consumer spending, employment costs, Chicago area activity and consumer confidence will be released soon.

President Donald Trump and former Vice President Joe Biden both halted their campaigns in the key state of Florida on Thursday. The London gaming market sets Biden’s probability of winning at 65%. Goldman Sachs analysts said that there is a gap between the gaming market and opinion polls, partly because Biden’s lead in the tipping point state is smaller, and the market is establishing that Trump will run better than opinion polls. Expect to win at least 3 percentage points.

market

After the blue chip DJIA rose 139 points on Thursday,
+ 0.52%,
U.S. stock market futures fell, the Dow Jones index was YM00,
-0.68%
Down by about 150 points, Nasdaq 100 futures NQ00,
-1.09%
A sharp decline.

Other asset classes are less volatile. USD DXY,
-0.11%
Slightly lower, the yield of the 10-year U.S. Treasury bond TMUBMUSD10Y,
0.826%
It is 0.83%.

chart

How many of the recent coronavirus peaks are due to increased testing? The graph plots the relationship between the per capita detection rate and the per capita coronavirus cases. It should be noted that this has hardly happened in the Czech Republic, and in fact there was no first wave of pandemic. Spain and France have been hit particularly hard, standing out among the world’s major economies.

Random read

After the Philadelphia riots, Walmart WMT,
-0.08%
The firearms and ammunition have been removed from its sales office within an unspecified period.

A man in Leeds, England, bypassed the British government’s “sex rule” social isolation law by setting up a limited liability company and hiring his family and friends on a zero-hour contract.

A spider can hear-without ears.

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