Top 10 actionable policies under potential Harris presidency with mixed implications for various companies

From Investing.com: 2024-08-24 04:05:05

Jefferies strategists outline the top 10 actionable policies if Kamala Harris wins the presidency, focusing on tax, regulations, and energy transition. Proposed policies include restoring the top individual income tax rate and setting new rules for food companies. Companies like Costco and Amazon could face challenges under Harris administration.

The policies aim to combat inflation, reduce drug costs, and develop AI guidelines. Companies such as Teva and cybersecurity firms like Palo Alto Networks could benefit from these initiatives. American-made products will be used for federally-funded projects, boosting domestic manufacturing.

Efforts to reshore supply chains and limit exports to China could impact companies like Intel and Nvidia. Electrification of federal vehicles will drive demand for lithium suppliers like Albemarle and Alcoa. A push for low-carbon materials in federal buildings will benefit companies like UL Solutions and Linde.



Read more at Investing.com: 10 most actionable policies if Harris wins & stock implications: Jefferies By Investing.com