3 Stocks to Buy as Scaramucci Predicts a Biden Victory in 2024

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3 Stocks to Buy as Scaramucci Predicts a Biden Victory in 2024

InvestorPlace01-20

Source: Matt Smith Photographer / Shutterstock.com With the Iowa Caucus safely behind us, the 2024 presidential election season officially starts. As of now, there seems to be little doubt among ...

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Pixiu
·01-20
So, have to vote for Trump.
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As of now, there seems to be little doubt among ...</p>\n\n<a href=\"https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"制药","start_time":0,"source_url":"https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/","article_id":"2404637703","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2404637703","pubTimestamp":1705701461,"columns":[],"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Anthony Scaramucci believes Joe Biden will beat Donald Trump in 2024. 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As of now, there seems to be little doubt among most voters that the race will be between President Joe Biden and former President Donald Trump. The latter’s recent Iowa victory over fellow Republican candidates further strengthened the popular thesis that Trump has effectively secured the GOP nomination. \nThat seemed to be the consensus at the recent World Economic Forum, at which some of the world’s business leaders convened. I wasn’t there, but hedge fund manager and former Trump administration insider Anthony Scaramucci shared that many Davos attendees are expecting a Trump victory in 2024. But Scaramucci thinks investors should be looking for the best stocks to buy if the opposite outcome unfolds.\n3 Stocks to Buy for a Biden Victory\nScaramucci knows a few things about how Trump operates. He briefly served as the former president’s director of communications. Since leaving that post, he has been an outspoken Trump critic. When I heard him give a speech at Trinity College Dublin in 2020, he urged students to prepare for a difficult road ahead. This time around, though, he doesn’t see Trump winning, despite the consensus at Davos. As POLITICO reports:\n\n“Scaramucci argues that Trump is not well-liked outside his base. He says America’s bloc of independent voters will be turned off by reminders of the former president’s ‘craziness’ and the Jan. 6, 2021, riot at the Capitol. There’s litigation tied to election interference and legal disputes about Trump’s standing on the ballot. The economy’s ‘halfway decent.'”\n\nIf this thesis is correct and Biden is reelected in 2024, investors can likely prepare for the economic growth that we’ve seen this year to continue. But that doesn’t mean all companies will benefit the same way. Here are three stocks that are in prime position to deliver excellent returns during Biden’s second term.\nStocks to Buy: NextEra Energy (NEE)\nSource: madamF / Shutterstock.com\nWe know that Democrats are focused on investing in renewable energy. The Biden administration has proven that repeatedly, investing in clean energy and laying out plans for taking this mission further. Anytime that the green revolution picks up steam, Next Era Energy (NYSE:NEE) will be helping lead the charge. This renewable energy standout is one of the country’s top producers of wind and solar power. \nAs InvestorPlace contributor Rich Duprey reports, “NextEra represents one of the nation’s largest capital investors in infrastructure. In 2022, the company had planned between $50 billion to $55 billion in new infrastructure investments.”\nIt’s been a difficult year for NEE stock due to macroeconomic headwinds that have made things difficult for the entire sector. But if Biden wins in 2024, the entire clean energy sector will likely see a boost and NextEra’s next era will be a profitable one. \nCuraleaf Holdings (CURLF)\nSource: Bukhta Yurii/Shutterstock\nCannabis stocks have been in focus this week after scientists recommended loosening federal laws that restrict its use. This is excellent timing for the drug, as Democratic leaders tend to look more favorably on it than Republicans. If the Biden administration sizes the opportunity to enact meaningful cannabis reform, it could boost many stocks. Four more years would ensure that this momentum continues. \nCuraleaf Holdings (OTCMKTS:CURLF) is an excellent pick for anytime the sector catches fire. The Massachusetts-based company is more stable than many of its competitors and has been rising steadily for the past two quarters. With year-to-date (YTD) gains of 22%, the company has proven it can hold its own in less-favorable economies. It has also shown a clear ability to innovate while expanding into Europe and helping conquer the medical marijuana market. \nStocks to Buy: Blink Charging (BLNK)\nSource: David Tonelson/Shutterstock.com\nIt isn’t just clean energy that the Biden administration is focused on. This week brought news that the White House plans on investing $623 million in building out an electric vehicle (EV) charging network across many states. This is great news for companies that build the infrastructure that has helped power the current EV race. And Blink Charging (NASDAQ:BLNK) has emerged as the sector’s de facto leader. \nPositive sentiment toward BLNK from institutional investors has been rising lately. Ken Griffin of Citadel Securities recently revealed a bet on it. An analyst from Needham has also issued a bullish price target, predicting better days ahead. If Biden is reelected, Blink will be in an even better position to keep rising as the administration continues its focus on clean energy and EV infrastructure. \nOn the date of publication, Samuel O’Brient did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nSamuel O’Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. O’Brient writes a weekly column on recent political news that investors should be following.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/.\n©2024 InvestorPlace Media, LLC","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":265174151585920,"gmtCreate":1705763822481,"gmtModify":1705763828270,"author":{"id":"3566037069263748","authorId":"3566037069263748","name":"Pixiu","avatar":"https://static.tigerbbs.com/ccbe86a734c08ad7e0d3338befa99820","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3566037069263748","authorIdStr":"3566037069263748"},"htmlText":"So,&nbsp; have to vote for Trump.&nbsp;&nbsp;","listText":"So,&nbsp; have to vote for Trump.&nbsp;&nbsp;","text":"So, have to vote for Trump.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265174151585920","repostId":2404637703,"repostType":2,"repost":{"id":"2404637703","kind":"highlight","pubTimestamp":1705701461,"share":"https://ttm.financial/m/news/2404637703?lang=&edition=fundamental","pubTime":"2024-01-20 05:57","market":"us","language":"en","title":"3 Stocks to Buy as Scaramucci Predicts a Biden Victory in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2404637703","media":"InvestorPlace","summary":"Anthony Scaramucci believes Joe Biden will beat Donald Trump in 2024. Here are three stocks to buy if he does.","content":"<html><body><article>\n<header>\n<div>\n<figure>\n<div>\n<img decoding=\"async\" height=\"432\" sizes=\"(max-width: 768px) 100vw, 768px\" src=\"https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-768x432.png\" srcset=\"https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-768x432.png 768w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-300x169.png 300w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-200x113.png 200w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-400x225.png 400w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-116x65.png 116w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-100x56.png 100w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-89x50.png 89w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600-78x44.png 78w, https://investorplace.com/wp-content/uploads/2024/01/biden-stocks1600.png 1600w\" width=\"768\"/> </div>\n<figcaption>\n<p>Source: Matt Smith Photographer / Shutterstock.com</p>\n</figcaption>\n</figure>\n<div>\n<p>With the Iowa Caucus safely behind us, the 2024 presidential election season officially starts. As of now, there seems to be little doubt among most voters that the race will be between President Joe Biden and former President Donald Trump. The latter’s recent Iowa victory over fellow Republican candidates further strengthened the popular thesis that Trump has effectively secured the GOP nomination. </p>\n<p>That seemed to be the consensus at the recent World Economic Forum, at which some of the world’s business leaders convened. I wasn’t there, but hedge fund manager and former Trump administration insider Anthony Scaramucci shared that many Davos attendees are expecting a Trump victory in 2024. But Scaramucci thinks investors should be looking for the best stocks to buy if the opposite outcome unfolds.</p>\n<h2>3 Stocks to Buy for a Biden Victory</h2>\n<p>Scaramucci knows a few things about how Trump operates. He briefly served as the former president’s director of communications. Since leaving that post, he has been an outspoken Trump critic. When I heard him give a speech at Trinity College Dublin in 2020, he urged students to prepare for a difficult road ahead. This time around, though, he doesn’t see Trump winning, despite the consensus at Davos. As <em>POLITICO</em> reports:</p>\n<blockquote>\n<p>“Scaramucci argues that Trump is not well-liked outside his base. He says America’s bloc of independent voters will be turned off by reminders of the former president’s ‘craziness’ and the Jan. 6, 2021, riot at the Capitol. There’s litigation tied to election interference and legal disputes about Trump’s standing on the ballot. The economy’s ‘halfway decent.'”</p>\n</blockquote>\n<p>If this thesis is correct and Biden is reelected in 2024, investors can likely prepare for the economic growth that we’ve seen this year to continue. But that doesn’t mean all companies will benefit the same way. Here are three stocks that are in prime position to deliver excellent returns during Biden’s second term.</p>\n<h2>Stocks to Buy: NextEra Energy (NEE)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2020/01/nee1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2020/01/nee1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2020/01/nee1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2020/01/nee1600.jpg 1600w\" width=\"300\"/><div>Source: madamF / Shutterstock.com</div></div>\n<p>We know that Democrats are focused on investing in renewable energy. The Biden administration has proven that repeatedly, investing in clean energy and laying out plans for taking this mission further. Anytime that the green revolution picks up steam, <strong>Next Era Energy </strong>(NYSE:<span><strong><u>NEE</u></strong></span>) will be helping lead the charge. This renewable energy standout is one of the country’s top producers of wind and solar power. </p>\n<p>As <em>InvestorPlace </em>contributor Rich Duprey reports, “NextEra represents one of the nation’s largest capital investors in infrastructure. In 2022, the company had planned between $50 billion to $55 billion in new infrastructure investments.”</p>\n<p>It’s been a difficult year for NEE stock due to macroeconomic headwinds that have made things difficult for the entire sector. But if Biden wins in 2024, the entire clean energy sector will likely see a boost and NextEra’s next era will be a profitable one. </p>\n<h2>Curaleaf Holdings (CURLF)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-300x169.png 300w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-768x432.png 768w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-200x113.png 200w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-400x225.png 400w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-116x65.png 116w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-100x56.png 100w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-89x50.png 89w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-78x44.png 78w, https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis.png 1600w\" width=\"300\"/><div>Source: Bukhta Yurii/Shutterstock</div></div>\n<p>Cannabis stocks have been in focus this week after scientists recommended loosening federal laws that restrict its use. This is excellent timing for the drug, as Democratic leaders tend to look more favorably on it than Republicans. If the Biden administration sizes the opportunity to enact meaningful cannabis reform, it could boost many stocks. Four more years would ensure that this momentum continues. </p>\n<p><strong>Curaleaf Holdings</strong> (OTCMKTS:<span><strong><u>CURLF</u></strong></span>) is an excellent pick for anytime the sector catches fire. The Massachusetts-based company is more stable than many of its competitors and has been rising steadily for the past two quarters. With year-to-date (YTD) gains of 22%, the company has proven it can hold its own in less-favorable economies. It has also shown a clear ability to innovate while expanding into Europe and helping conquer the medical marijuana market. </p>\n<h2>Stocks to Buy: <a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a> (BLNK)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2020/04/blnk-stock.jpg 1600w\" width=\"300\"/><div>Source: David Tonelson/Shutterstock.com</div></div>\n<p>It isn’t just clean energy that the Biden administration is focused on. This week brought news that the White House plans on investing $623 million in building out an electric vehicle (EV) charging network across many states. This is great news for companies that build the infrastructure that has helped power the current EV race. And <strong>Blink Charging</strong> (NASDAQ:<span><strong><u>BLNK</u></strong></span>) has emerged as the sector’s de facto leader. </p>\n<p>Positive sentiment toward BLNK from institutional investors has been rising lately. Ken Griffin of Citadel Securities recently revealed a bet on it. An analyst from Needham has also issued a bullish price target, predicting better days ahead. If Biden is reelected, Blink will be in an even better position to keep rising as the administration continues its focus on clean energy and EV infrastructure. </p>\n<p><em>On the date of publication, Samuel O’Brient did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.</em></p>\n<div><p>Samuel O’Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy as Scaramucci Predicts a Biden Victory in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-20 05:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Source: Matt Smith Photographer / Shutterstock.com\n\n\n\nWith the Iowa Caucus safely behind us, the 2024 presidential election season officially starts. As of now, there seems to be little doubt among ...</p>\n\n<a href=\"https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BMG7P694.USD":"Legg Mason ClearBridge - Global Infrastructure Income A Mdis USD Plus","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4096":"电气部件与设备","BK4581":"高盛持仓","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE00BD4GTW91.USD":"LEGG MASON CLEARBRIDGEINFRASTRUCTURE VALUE \"A\" (USDHDG) INC","LU0124384867.USD":"贝莱德新能源基金A2","BLNK":"Blink Charging","CURLF":"Curaleaf Hldgs Inc.","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","IE00BD4GTV84.USD":"LEGG MASON CLEARBRIDGEINFRASTRUCTURE VALUE \"A\" (USDHDG) ACC","IE00BMG7P587.USD":"LEGG MASON CLEARBRIDGE GLOBAL INFRASTRUCTURE INCOM \"A\" (USD) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BD4GTT62.SGD":"Legg Mason ClearBridge Infrastructure Value A SGD-H (mdis) plus","BK4007":"制药","BK4566":"资本集团","BK4081":"电力公用事业","NEE":"新纪元能源","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU2384288077.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A-INS\" (EUR) ACC","BK4588":"碎股","BK4542":"充电桩","LU1621767737.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (EUR) ACC","IE00BMG7P819.SGD":"Legg Mason ClearBridge - Global Infrastructure Income A Mdis SGD-H Plus","LU1621768206.USD":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (USD) ACC","LU1621767810.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A\" (EUR) INC","IE00BMG7P926.USD":"Legg Mason ClearBridge - Global Infrastructure Income A Acc USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU1621768115.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"B\" (EUR) INC"},"source_url":"https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404637703","content_text":"Source: Matt Smith Photographer / Shutterstock.com\n\n\n\nWith the Iowa Caucus safely behind us, the 2024 presidential election season officially starts. As of now, there seems to be little doubt among most voters that the race will be between President Joe Biden and former President Donald Trump. The latter’s recent Iowa victory over fellow Republican candidates further strengthened the popular thesis that Trump has effectively secured the GOP nomination. \nThat seemed to be the consensus at the recent World Economic Forum, at which some of the world’s business leaders convened. I wasn’t there, but hedge fund manager and former Trump administration insider Anthony Scaramucci shared that many Davos attendees are expecting a Trump victory in 2024. But Scaramucci thinks investors should be looking for the best stocks to buy if the opposite outcome unfolds.\n3 Stocks to Buy for a Biden Victory\nScaramucci knows a few things about how Trump operates. He briefly served as the former president’s director of communications. Since leaving that post, he has been an outspoken Trump critic. When I heard him give a speech at Trinity College Dublin in 2020, he urged students to prepare for a difficult road ahead. This time around, though, he doesn’t see Trump winning, despite the consensus at Davos. As POLITICO reports:\n\n“Scaramucci argues that Trump is not well-liked outside his base. He says America’s bloc of independent voters will be turned off by reminders of the former president’s ‘craziness’ and the Jan. 6, 2021, riot at the Capitol. There’s litigation tied to election interference and legal disputes about Trump’s standing on the ballot. The economy’s ‘halfway decent.'”\n\nIf this thesis is correct and Biden is reelected in 2024, investors can likely prepare for the economic growth that we’ve seen this year to continue. But that doesn’t mean all companies will benefit the same way. Here are three stocks that are in prime position to deliver excellent returns during Biden’s second term.\nStocks to Buy: NextEra Energy (NEE)\nSource: madamF / Shutterstock.com\nWe know that Democrats are focused on investing in renewable energy. The Biden administration has proven that repeatedly, investing in clean energy and laying out plans for taking this mission further. Anytime that the green revolution picks up steam, Next Era Energy (NYSE:NEE) will be helping lead the charge. This renewable energy standout is one of the country’s top producers of wind and solar power. \nAs InvestorPlace contributor Rich Duprey reports, “NextEra represents one of the nation’s largest capital investors in infrastructure. In 2022, the company had planned between $50 billion to $55 billion in new infrastructure investments.”\nIt’s been a difficult year for NEE stock due to macroeconomic headwinds that have made things difficult for the entire sector. But if Biden wins in 2024, the entire clean energy sector will likely see a boost and NextEra’s next era will be a profitable one. \nCuraleaf Holdings (CURLF)\nSource: Bukhta Yurii/Shutterstock\nCannabis stocks have been in focus this week after scientists recommended loosening federal laws that restrict its use. This is excellent timing for the drug, as Democratic leaders tend to look more favorably on it than Republicans. If the Biden administration sizes the opportunity to enact meaningful cannabis reform, it could boost many stocks. Four more years would ensure that this momentum continues. \nCuraleaf Holdings (OTCMKTS:CURLF) is an excellent pick for anytime the sector catches fire. The Massachusetts-based company is more stable than many of its competitors and has been rising steadily for the past two quarters. With year-to-date (YTD) gains of 22%, the company has proven it can hold its own in less-favorable economies. It has also shown a clear ability to innovate while expanding into Europe and helping conquer the medical marijuana market. \nStocks to Buy: Blink Charging (BLNK)\nSource: David Tonelson/Shutterstock.com\nIt isn’t just clean energy that the Biden administration is focused on. This week brought news that the White House plans on investing $623 million in building out an electric vehicle (EV) charging network across many states. This is great news for companies that build the infrastructure that has helped power the current EV race. And Blink Charging (NASDAQ:BLNK) has emerged as the sector’s de facto leader. \nPositive sentiment toward BLNK from institutional investors has been rising lately. Ken Griffin of Citadel Securities recently revealed a bet on it. An analyst from Needham has also issued a bullish price target, predicting better days ahead. If Biden is reelected, Blink will be in an even better position to keep rising as the administration continues its focus on clean energy and EV infrastructure. \nOn the date of publication, Samuel O’Brient did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nSamuel O’Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. O’Brient writes a weekly column on recent political news that investors should be following.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/01/3-stocks-to-buy-as-scaramucci-predicts-a-biden-victory-in-2024/.\n©2024 InvestorPlace Media, LLC","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}