“It’s anybody’s guess what can happen.”
That was Chief Income Strategist Marc Lichtenfeld’s wise reminder about the upcoming midterm elections earlier this week at our Private Wealth Seminar.
With both parties becoming less unified and polling data becoming less reliable, there’s truly no telling what Election Day will bring − or what it will mean for the markets.
In an interview with MarketBeat’s Bridget Bennett, Marc dug into decades’ worth of data on how stocks tend to perform after midterm elections and how income-generating strategies can help investors “get paid no matter what happens.”
He also gave away the names and tickers of three stocks in three different sectors that he’s tracking very closely right now:
- An insurance stock with a 4.5% yield that is in a great position to benefit from higher rates
- One of his favorite stocks in the entire market: a biopharma giant with a huge pipeline
- An oil refiner that has raised its dividend every year for more than a decade and whose margins are soaring.
To watch Marc’s “Election Day Roadmap” interview and get all the details on all three stocks, click the image above.