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Stock Picks for an Obama Portfolio

November 5, 2008 RSS Feed Print

Obama's big victory certainly doesn't ensure a quick turnaround in the stock market, but it bodes well for a couple of sectors.

Jim Cramer thinks Obama's reign as president will be good for the agriculture sector, as he's a big backer of ethanol and farming. Specifically, Cramer likes Deere, the stock of which has dropped from nearly $80 a year ago to $43.

James Altucher, managing partner at Formula Capital, favors agriculture as well—including "dirt cheap" stocks Mosaic, Potash, and KBR. He also says infrastructure stocks stand to gain as well on Obama's pledge to support spending on roads and bridges, but he is less enthusiastic about biotech and healthcare stocks.

Tags:: agriculture,; stocks,; presidential election 2008,; stock market,; Barack Obama,; investing

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Reagan won his second term as President over Mondale with 525 electoral votes, nearly 200 more than Obama.

Kris of TX 11:52AM November 09, 2008

In my life time of 45 years of voting, I have never seen a president winning with so many electoral vote. Did He win this 2008 election by more electoral vote than ever in american history? If this is so why don't we hear something about it.I would think this would be historical.

Mearlene James of MI 1:19PM November 06, 2008

Stock Picks for an Obama Portfolio

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