2 Robinhood Stocks to Sell if Joe Biden Wins the Election
President Donald Trump and Democratic nominee Joe Biden disagree on important issues, including immigration enforcement and controlling the coronavirus pandemic. That means a change of leadership could have significant impacts on companies that are influenced by these variables. Let's explore the reasons Carnival Corporation (NYSE: CCL) and Palantir Technologies (NYSE: PLTR) could face challenges if Joe Biden becomes the next president.
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Joe Biden has indicated that, if elected, he plans to place more value on the viewpoints of scientists and other health authorities when combating the coronavirus pandemic. Biden's stance is in contrast to the Trump administration, which has arguably prioritized the economy. A Biden presidency could help extend the CDC's no-sail order (currently set to expire at the end of October) -- currently hurting Carnival Corporation and other cruise stocks that are losing money while their operations remain grounded.
Source Fool.com
