Part 2: My Trade if Kamala Harris Wins
Yesterday I revealed my top trade idea for a Donald Trump victory.
But what if Kamala Harris wins?
Here’s one of my top watchlist picks if the democrats retain office in 2025.
Keep in mind… this is a “perception trade.” Meaning it’s based on what people THINK will happen if a certain political party wins. However, this might not be the reality. So be sure to position size according to your risk tolerance.
Now let’s get to the pick.
The stock I’m watching in the event of a Kamala Harris win is SolarEdge (SEDG).
Democrat Victory Trade Idea: SolarEdge
Since taking office in 2021, the Democratic administration has invested more than a trillion dollars in the clean energy economy.
The U.S. was re-admitted back into the Paris Climate Agreement in 2021. And since each country is due to submit an updated climate action plan in 2025, this could mean billions of dollars going back into renewable energy initiatives.
Also, democrats recently secured $1 billion to improve project permitting and environmental reviews to fast-track infrastructure. So this will help renewable energy companies get their projects completed faster.
All of those developments are a big reason Solar Edge (SEDG) is a top company on my watchlist.
This renewable energy group provides optimized inverter systems to regulate the flow of electrical power. Every solar system needs inverters, and Solar Edge provides those products.
While it’s true Solar Edge’s stock has been dropping over the last year, it recently jumped 8.5% after Wall Street largely declared Harris the winner of the latest debate against Trump.
If Harris wins the election, I believe renewable energy companies like SolarEdge could see another spike.
Action Plan: SolarEdge could make big moves over the next 50 days. And if you want to learn exactly how I’m playing it, I invite you to join me in The War Room. Here you’ll learn how to position size and use the proper strategies for maximizing profits and minimizing risks.