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 It's down to the wire. The U.S. Presidential elections are only a week away, and with the polls showing Biden has an edge over President Trump, investors are preparing.Oppenheimer's Chief Investment Strategist John Stoltzfus points out that last week, stocks churned as investors rebalanced their portfolios, rotating and adding additional exposure to value stocks "while others took profits in growth names that had previously run-up substantially ahead of what could be higher capital gains and other taxes next year," in the event that the Democrats come out on top.Highlighting that the expectation of an effective COVID-19 vaccine is behind the broadening of investor appetite for equities, Stoltzfus argues this renewed appetite " improves the attractiveness of value stocks."Going forward, the strategist notes the Federal Reserve's efforts "underscore the case for the economy's recovery and the equity markets' resilience and potential from here." Although a "blue wave" is seen as a potential risk, Stoltzfus thinks this outcome is very unlikely, and that continued split control should alleviate market worries.Taking Stoltzfus' outlook into consideration, our attention turned to three stocks Oppenheimer analysts believe can surge by at least 70% in the year ahead. Running the tickers through TipRanks' database, we found out that each boasts a "Strong Buy" consensus rating from the broader analyst community.Chromadex (CDXC)Focused on improving the way people age, Chromadex operates as a science-based integrated
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Despite Trump-Modi Friendship, Survey Says Indian Americans Back Biden NPRKayleigh McEnany once praised Biden as a 'man of the people' who resonates with "middle class" over 'tycoon' Trump CNNYahoo News/YouGov poll: With one week left, Biden's lead over Trump grows to 12 points — his biggest yet Yahoo NewsThe New York Post endorses President Donald J. Trump for re-election New York Post
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Fact check: At Pennsylvania rally, Trump makes four false claims about voting in the state CNNTrump, Biden Campaign In Battleground Pennsylvania As Election Day Nears | NBC Nightly News NBC NewsRoad to 270: Biden leading in these battleground states CNNTrump is cruising for a bruising | TheHill The HillThe New York Post endorses President Donald J. Trump for re-election New York Post
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