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Investors and Wall Street analysts may want to take a closer look at stocks that could be winners under a President Kamala Harris after Tuesday night’s debate . The current vice president’s debate with former President Donald Trump was widely seen as a win for the Democrat, and the ods of Harris winning in November have climbed in betting markets . National polls showed a tight race heading into the debate, but some now believe Harris could get a bump from her performance. “We expect a near-term bounce towards Vice President Harris following the first debate with former President Trump, but the longer-term impact remains unclear,” Raymond James Washington analyst Ed Mills said in a note to clients late Tuesday night. The stock market likely won’t wait react until the votes are counted in November. “From a market perspective, we believe that the presidential race should still be viewed as a toss up, but there is likely to be a Harris lean in sentiment after her clear debate victory,” BTIG analyst Isaac Boltansky said in a note to clients. Daniel Clifton of Strategas put together a Democratic “sweep” portfolio. It includes stocks that are typically associated with the political left, including green energy plays, but also stocks that could benefit from recent Harris proposals. That includes homebuilder PulteGroup , which could get a boost from Harris’s proposed supply and demand side boosts for housing, and Walmart , which could see higher sales if child tax credits are expanded. Another name on the list is Raytheon Technologies , a defense contractor that Strategas links to the war in Ukraine. Harris has signaled that she would continue to support Ukraine’s war effort against Russia, while Trump has been more skeptical. Wolfe Research has a similar list of stocks in an anti-Trump trade basket, including health care stocks like Centene and HCA . Those companies could benefit from a status quo in government health policy. Of course, it could be difficult for new Democratic policies to become law even with a Harris win in November, depending on how Congressional races shake out. UBS had a list of stocks that could perform well in a world where Harris is president but Congress is split between Republicans and Democrats. They include Tesla , manufacturer Eaton Corp. and Waste Management , which has a burgeoning renewable energy business. — CNBC’s Michael Bloom contributed reporting.
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