These 3 Stocks Took Off During Trump's Presidency. Are They Still Good Buys Today?
A change in leadership at the White House could have a significant impact on how the overall economy and certain sectors perform. With different policies and priorities in place, some industries could perform better (or worse) than they had before. Cleaner energy stocks, for instance, could get a boost under President-elect Joe Biden, who brings a greater focus on climate change and the environment to the Oval Office. A new stance on the coronavirus pandemic could also help the economy recover more quickly. But that doesn't mean stocks have been struggling under President Trump. Teladoc Health (NYSE: TDOC), Square (NYSE: SQ), and Tesla (NASDAQ: TSLA) have all done exceptionally well over the past four years.
These stocks have been among the top-performing options in the market -- investing in any one of them before the 2016 election would've made you rich. Let's take a closer look and see if they're still poised for more growth under Joe Biden, or if investors should consider cashing out and capturing their gains today.
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Source Fool.com
