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FBN’s Gerri Willis on research showing that the winning Presidential candidate’s biggest corporate donors get a boost to their stock after the el...
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Time here's a stock picking strategy in best of the stocks of companies that donate the winning print presidential candidate yes.
Research shows stocks -- the winning candidates biggest corporate donors -- post election boost that's according to some research from Smart money dot com.
Now whether that price gain is due to the company's gaining clout.
Due -- the company's contribution to Orrin that companies picked candidates with their best interests at heart.
Or whether it's just serendipity nobody knows but these stocks go up case in point Goldman Sachs.
The Wall Street investment banks and -- executives and workers gave Obama and million dollars in 2008 -- stock went up a 102%.
In 2009.
Other big time Obama contributors had stock prices rises too though not as much as Goldman Microsoft Google Time Warner.
Outperform the S&P 500 by an average of 18% in 2009.
And in each case employees'.
Contributions favored Obama.
Clearly look building a portfolio based exclusively on top contributors would be a big mistake.
But there is no doubt some companies are better poised to benefit from one candidates policies over others.
Health care insurers for example have faired well under Obama and healthcare companies -- all contributed heavily to the president in this cycle spending.
Nine million vs six million given to Romney.
And as we've said many times on this network banks have switched their loyalty ties from Obama who gave heavily in 2000 they too were.
