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KiplingerAug 04, 2020
10 Best Stocks to Buy If Joe Biden Wins the Presidency
It's still early, and a lot can happen between now and November. But over the past few months, former Vice President Joe Biden's chances of becoming the next president of the United States have vastly improved.

As of late July, the betting markets were pricing in a 60% probability of the election going his way, and most polls show Biden ahead in the key swing states that will decide it.

Polls won't always nail it perfectly, as we saw four years ago when Hillary Clinton won the popular vote, but Donald Trump won the electoral college vote. And the COVID-10 pandemic gives us an entirely new set of variables. If voter turnout is low due to virus fears, it's anyone's guess to what the final tally will look like. But it's important to have an investing action plan in place for either scenario: a Trump re-election … or a potential Biden win.

"A Biden administration will mean more regulatory scrutiny for financial and energy stocks and probably higher taxes across the board," says Rodney Johnson, president of economic research firm HS Dent Publishing. "But there will be opportunities. Infrastructure spending, green energy and health care are all Democratic priorities and should do well under a Biden presidency."

Let's look at 10 of the best stocks to buy for a Joe Biden presidential victory. Some of these are fairly obvious winners, but some are contrarian bets you might not expect. Or, you can also learn more about the best stocks to buy if President Donald Trump wins re-election.

SEE MORE 91 Top Dividend Stocks From Around the World Data is as of Aug. 3. Dividend yields are cal

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