Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

The Zacks Friday Finish Line Highlights: Election 2016 Special

Published 11/11/2016, 12:36 AM
Updated 07/09/2023, 06:31 AM

For Immediate Release

Chicago, IL—November 11, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.

Election Special: Industries to Win and Lose on Trump’s Upset

Welcome to Episode #22 of the Zacks Friday Finish Line Podcast!

On today’s episode of the Zacks Friday Finish Line podcast, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest story: the results of the 2016 presidential election.

Maddy and Ryan welcomed Zacks ETF Strategist Eric Dutram for additional help on what was a massive story to process, and Eric kicked off the show with a look at how currencies and commodities reacted to Trump’s shocking upset victory.

Tech Stocks

After that, the hosts dove into an analysis of the industries that stand to win and lose under the Trump administration. The first business mentioned was the world of technology, as stocks like Apple (NASDAQ:AAPL) , Facebook (NASDAQ:FB) , Microsoft (NASDAQ:MSFT) , Alphabet (NASDAQ:GOOGL) , and Amazon (NASDAQ:AMZN) all slumped this week following the election.

Gun and Bank Stocks

Maddy then highlighted how gun stocks were also sliding in post-election trading, as the “buy ‘em while you can” attitude no longer applies to gun owners. Both Sturm Ruger (NYSE:RGR) and Smith & Wesson (NASDAQ:SWHC) fell mightily this week. Continuing on, Eric looked at one industry, banking and finance, which stands to be a winner under the Trump administration, especially with the GOP controlled House and Senate.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Solar and Private Prison Stocks

Shifting gears back to a potential loser, Ryan looked at why solar stocks like SolarCity (NASDAQ:SCTY) and SunPower (NASDAQ:SPWR) , as well as major solar ETFs like the Guggenheim Solar ETF (LON:TAN) and the Vaneck Vectors Solar ETF KWT, were on a downward spiral this week. Another industry that does stand to benefit, however, is the private prison business. The two main companies in this sphere, GEO Group (NYSE:GEO) and Corrections Corp. of America (NYSE:CXW) , both jumped massively this week based on Trump’s support of private prisons.

Infrastructure

Eric also filled us in on why infrastructure stocks like Caterpillar (NYSE:CAT) were soaring this week, while Maddy and Ryan rounded out the show with a look at how healthcare stocks are responding to the Trump win.

Want More Zacks Friday Finish Line?

Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.



AMAZON.COM INC (AMZN): Free Stock Analysis Report
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

APPLE INC (AAPL): Free Stock Analysis Report

MICROSOFT CORP (MSFT): Free Stock Analysis Report

SMITH & WESSON (SWHC): Free Stock Analysis Report

CATERPILLAR INC (CAT): Free Stock Analysis Report

CORECIVIC INC (CXW): Free Stock Analysis Report

GEO GRP INC/THE (GEO): Free Stock Analysis Report

FACEBOOK INC-A (FB): Free Stock Analysis Report

SOLARCITY CORP (SCTY): Free Stock Analysis Report

SUNPOWER CORP-A (SPWR): Free Stock Analysis Report

ALPHABET INC-A (GOOGL): Free Stock Analysis Report

GUGG-SOLAR (TAN): ETF Research Reports

VANECK-SOLR EGY (KWT): ETF Research Reports

Original post

Zacks Investment Research

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.