NEW YORK (TheStreet) -- Investors are anxious ahead of the U.S presidential election today, but the results won't affect the markets long term, Bapis Group managing director Michael Bapis said on CNBC's "Closing Bell" on Tuesday afternoon.
"So many people are handicapping this market beyond the election," noted CNBC's Bill Griffeth.
"I think a lot of this is short term, and people are going to be able to refocus their attention back on the markets, back on the health of the economy," Bapis said in response.
Brexit caused a "frenzy" in the markets for a bit this past June before settling down, so the same thing will probably happen with this election, he noted.
"No matter who wins the election?" CNBC's Sara Eisen asked.
"I think short-term it changes the volatility. I don't think it changes long term," he reiterated. Democratic candidate Hillary Clinton obviously represents more "safety," while Republican candidate Trump represents something more "different than we have ever had."
Right now, investors should be moving into technology because we're in "one of the largest technology booms," he advised. This includes big companies like Cisco (CSCO) that have been "sitting on cash for so long looking for mergers and acquisitions to drive growth."
Oil and gas is another sector to look into, Bapis added. "We've exported natural gas for the last five or six months, and you're going to see it grow five-fold by 2040."