I wrote an article for The Street about Magellan Midstream Partners (MMP) last week. This is a stock that has performed very well over the years for its investors and should continue to do so under a Romney administration.
Check out the returns of this stock over the years:
Data from Best Stocks Now AppAs you can see, the stock has roundly beaten the S&P 500 over the last one, three, five and 10 years. Not bad for a dividend payer that currently has a yield of 4.2%. The stock currently ranks 120th out of the 3,080 stocks that I follow. Again, not bad for a stodgy, old, dividend-paying pipeline stock. The stock would more than likely continue to flourish under a "drill, baby, drill" platform. It remains to be seen if the environment can be protected under such a strategy. Data from Best Stocks Now App The insurance stocks have also been on the rise lately. They really started to take off after the first Presidential debate. Data from Best Stocks Now App The insurance Sector has moved up to fifth overall amongst the 46 sectors I rank on a daily basis. The home building and biotech sectors have been on top almost since the beginning of the year. What are some of my favorite stocks in these leading sectors? Click here to get a four-week trial to my weekly newsletter. Data from Best Stocks Now App Notice how the insurance sector has been moving up in rank overall since the first debate. You may want to take a look at a company like Fidelity National Financial (FNF), a Jacksonville, Fla., company that provides title insurance and specialty insurance. This stock also gives you exposure to the resurgent housing industry, a subject I wrote about two weeks ago. If President Barack Obama does indeed lose his bid for another four years, what industries would suffer? More on that in future articles, but here is a hint: Can it get any worse for the "green energy" stocks? Yes! At the time of publication the author had no position in any of the stocks mentioned but clients of Gunderson Capital Mgt. have a position in SDRL. Follow @pwstreet This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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