cnbc.com
Election-Year Stock Outperformers: Eaton and Handelsbanken
Two stocks, Eaton and Handelsbanken, have historically outperformed the S&P 500 in November of election years, but this doesn't guarantee future success. Various economic factors also play a key role.
English
United States
EconomyUs PoliticsElectionInvestmentStock MarketAnalysis
Eaton CorporationSvenska HandelsbankenCnbc ProMizuho SecuritiesArctic Securities
Brett LinzeyRoy TilleyHenry Allen
- What is the current analyst sentiment regarding Svenska Handelsbanken?
- Analysts have differing opinions on Svenska Handelsbanken, with some maintaining a positive outlook despite a majority having sell or hold ratings.
- What are the key factors driving the expected growth of Eaton Corporation?
- Eaton is expected to benefit from secular trends like EV transition, AI, and renewable energy, leading to a projected 15% share price increase.
- Besides election outcomes, what other major factors can influence stock market movements?
- While these two stocks show a historical pattern of outperformance in November election years, investors should consider various economic factors and not solely rely on historical data for investment decisions.
- Why is it crucial to not solely rely on historical stock performance when making investment decisions?
- Past performance is not indicative of future results; other factors like Federal Reserve decisions and global economic events significantly impact stock market movements.
- Which two stocks have consistently outperformed the S&P 500 in November during US presidential elections over the past three decades?
- Eaton Corporation and Svenska Handelsbanken are two stocks that have outperformed the S&P 500 every November during US presidential elections over the past three decades.