This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Stocks Likely To Gain if Romney Wins: RBC

General Motors GM Total Return Price Chart GM Total Return Price data by YCharts

Shares of General Motors (GM - Get Report) are down 26% year-to-date.

General Motors was a beneficiary of the Obama Administration's bailout. But if Governor Romney becomes president, he has indicated that he would sell the government stake quickly, which is being seen as a potential catalyst for the stock.

Still RBC believes that Treasury will sell its stake next year, "regardless of the election outcome."

Instead, analyst Joseph Spak focuses on the "larger long-term effect" stemming from a Romney presidency -his opposition to recent Corporate Average Fuel Economy (CAFÉ) standards (54.5 mpg by 2025).

" We believe these standards are achievable, but they will add thousands of dollars to the cost of a vehicle, which could stunt auto sales and weigh on automaker margins. Repealing current CAFÉ legislation could prove to be net positive for automakers," Spak wrote.

The same applies for Ford (F) as well.

17 analysts rate the stock a buy, 3 analysts rate it a hold and one analyst has an underperform rating on General Motors.
7 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
APC $76.96 0.23%
BAC $16.94 -0.50%
C $54.99 -0.69%
CSCO $27.18 -0.55%
GM $32.85 -1.10%

Markets

DOW 17,690.13 -39.98 -0.23%
S&P 500 2,071.66 -5.12 -0.25%
NASDAQ 4,996.4820 -12.7320 -0.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs