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3 2024 election stock picks to watch now

October 13, 2024
in Trade Tube
Reading Time: 1 min read
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TheStreet Pro’s Chris Versace reveals the three stocks that stand to benefit from the last month of political campaign ads.

Transcript:

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CHRIS VERSACE: I would say that the market condition is continuing to be overbought and stretched. I think that the election– I mean, it’s going to come down to the wire. I think if we take a look at some of the latest polling really in the battleground states, it surprisingly remains close.

But the silver lining in that, Conway, is that because it is so close, I think both candidates are going to pull out all the stops with campaigning and advertising. And I think folks will recognize this, that between Trade Desk, between Alphabet, Meta, I think we’re extremely well positioned for that accelerated shift in digital advertising that they’re going to utilize even over the last couple of days.

As I’ve tuned in to YouTube to watch a clip of something, it seems as if there’s two ads running, one of which is a presidential campaign ad. So I think they’re fully embracing that, and that’s good for us.

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