Editors' pick: Originally published Oct. 10.
Stocks that might surge under a Hillary Clinton presidency have not followed her recent rise in the polls.
TheStreet's Hillary Clinton Stock Portfolio, a set of 15 stocks that stand to do well with the former secretary of state in the White House, dipped 1.38% from market close Friday, Sept. 30 to market close Friday, Oct. 7. TheStreet's Donald Trump Stock Portfolio fell about the same amount, 1.35%.
Clinton saw her poll numbers climb last week, the result of her strong performance in the first presidential debate and her opponent Donald Trump's subsequent unorthodox reaction. According to a RealClearPolitics average of polls, she now leads Trump by 4.9 points in a two-way match-up and by 4.5 points in polls that include third-party candidate Gary Johnson and Jill Stein. A new NBC/WSJ poll released Monday indicates her numbers have inched even higher.
The Washington Post'spublication of a 2005 tape of Trump making lewd comments about women and a WikiLeaks release of emails from Clinton aide John Podesta late Friday sent the presidential race into chaos for much of the weekend. Sunday's presidential debate was among the ugliest in history, though thus far it appears to have had little impact on the expected outcome of the race.
On Monday, Speaker of the House Paul Ryan told Washington lawmakers he "won't defend Trump" and suggested they all "do what's best for you in your district."
In the Clinton portfolio the days before all of this took place, it was Renewable Energy Group (REGI) - Get Renewable Energy Group, Inc. Report that posted the best performance ahead of the weekend turmoil. Its price climbed 7.08% to $9.07 at market close Friday. The stock is down slightly year-to-date.
Netflix (NFLX) - Get Netflix, Inc. Report shares rallied 6.36% to $104.82 last week. Rumors flew last week that Apple (AAPL) - Get Apple Inc. Report and Disney DIS might be interested in buying the streaming video company, spurring optimism among investors. Netflix also announced last week that it has signed a deal with luxury theater chain iPic Entertainment to show its original movies in theaters.
Tyson Foods (TSN) - Get Tyson Foods, Inc. Class A Report was the biggest drag on the Clinton portfolio last week. Its shares tumbled 9.27% to $67.75. Much of the dip came on the heels of a downgrade by Pivotal Research Group on the stock to a "sell" from a "buy" and a cut of its price target to $40 from $100. The firm also said a class action lawsuit against the company over industry collusion was "powerfully "convincing. (Tyson has been accused of colluding with Koch Foods and others to reduce production since 2008.)
U.S. Steel (X) - Get United States Steel Corporation Report , which is in both the Clinton and Trump portfolios, tumbled 6.26% to $17.68. The issue of steel, specifically in the context of China, came up at the second presidential debate Sunday. Trump said the country is "dumping vast amounts of steel" all over the United States, "which is essentially killing our steelworkers and our steel companies." Clinton echoed that China is dumping steel in the United States and took a swipe at Trump. "Donald Trump is buying it to build his buildings, putting steelworkers and American steel plants out of business," she said.
Here's how the entire Clinton portfolio did last week, leading with the top gainers:
Renewable Energy Group 6.08%
Aetna (AET) -1.50%
SolarCity (SCTY) -4.50%
Smith & Wesson (SWHC) -4.74%
U.S. Steel -6.26%
Tyson Foods -9.27%