Why You Should Pay Attention to Harris-Related Stocks
Until recently, many people didn’t even know who Harris was. However, as she frequently appears in the news, it seems like almost everyone is now familiar with her. Interestingly, while Kamala Harris is currently the Vice President of the United States, many people are more aware of her as a presidential candidate than as the Vice President.
As Biden decided not to run in the next presidential election, Harris has stepped into the spotlight. Previously, as Biden’s chances looked increasingly bleak, stocks related to Trump became incredibly hot. Now, with the polls showing Harris and Trump neck and neck, many investors have begun to seek out Harris-related stocks.
Harris-related stocks can be categorized as industries or companies associated with her policies. Vice President Harris has focused on a variety of issues, including environmental protection, renewable energy, social equity, and healthcare reform. Therefore, relevant stocks can be found in industries such as clean energy, healthcare, infrastructure, and companies supporting minorities and women.
Below is a summary of a few selected stocks, with links to their websites included in the titles for those interested in exploring them further.
Summary of 7 Harris-Related Stocks
| Stock Name | Ticker | Current Price | Change from Last Month | Company Overview | Reason for Classification as Harris-Related Stock |
|---|---|---|---|---|---|
| NextEra Energy | NEE | $68.32 | -2.45% | One of the largest renewable energy companies in the U.S., focusing on solar and wind power generation. | Strongly related to Vice President Harris’s clean energy policies. |
| Tesla | TSLA | $248.50 | -3.12% | Manufactures electric vehicles and energy storage systems, leading sustainable energy innovation. | Noteworthy as a green vehicle and renewable energy innovation company. |
| Pfizer | PFE | $35.97 | -4.85% | A global pharmaceutical company producing various vaccines and medicines. | Related to policies improving healthcare accessibility. |
| First Solar | FSLR | $196.72 | -6.54% | A manufacturer of solar modules contributing to the expansion of clean energy. | Plays a crucial role in the solar energy industry. |
| Johnson & Johnson | JNJ | $171.88 | -1.10% | A multinational corporation manufacturing healthcare products and pharmaceuticals. | Related to public health and improving healthcare accessibility. |
| Brookfield Renewable Partners | BEP | $26.80 | -1.84% | A global company focused on renewable energy production and management. | Recognized as a company associated with renewable energy policies. |
| Nucor | NUE | $170.15 | -4.57% | One of the largest steel manufacturers in the U.S., focusing on environmentally friendly steel production. | Connected to infrastructure improvements and the expansion of green steel production. |
Detailed Descriptions of the 7 Harris-Related Stocks
NextEra Energy (NEE)
Company Overview:
NextEra Energy is one of the largest electricity providers in the United States, particularly prominent in the renewable energy sector. The company focuses on sustainable energy production centered around solar and wind power, contributing to climate change mitigation. NextEra is the largest producer of renewable energy in the U.S., maintaining leadership in the green energy market.
Reason for Classification as a Harris-Related Stock:
Vice President Kamala Harris has been actively promoting clean energy transition and climate change response during her tenure. NextEra Energy is directly related to these policies, with strong growth potential driven by federal government support and regulatory changes. Especially, Harris’s climate policies could further stimulate the company’s growth.
Tesla (TSLA)
Company Overview:
Tesla is renowned as an electric vehicle manufacturer, providing sustainable energy solutions such as energy storage systems and solar panels. Tesla leads the global electric vehicle market and is at the forefront of developing innovative battery technology and autonomous driving technology. The company also focuses on enhancing sustainability in the energy sector by offering various solutions.
Reason for Classification as a Harris-Related Stock:
Vice President Harris supports environmental protection and the expansion of clean energy. Tesla is at the heart of these policies, contributing to carbon reduction through its electric vehicles and energy solutions. Government subsidies for electric vehicles and green policies could positively impact Tesla’s growth.
Pfizer (PFE)
Company Overview:
Pfizer is a global pharmaceutical company that develops and produces a wide range of vaccines and treatments. The company gained significant attention worldwide during the COVID-19 pandemic for developing the mRNA vaccine. Pfizer continues to develop healthcare solutions and contributes significantly to public health improvement.
Reason for Classification as a Harris-Related Stock:
Vice President Kamala Harris emphasizes public health and expanding access to healthcare. She has taken a strong stance on COVID-19 vaccine distribution and future public health crisis responses. Pfizer, being at the center of these policies, plays an essential role in improving healthcare access.
First Solar (FSLR)
Company Overview:
First Solar is a U.S. company that designs, manufactures, and sells solar modules. The company provides high-efficiency and reliable products for the solar power generation industry and contributes to the global expansion of solar power systems. First Solar focuses on providing sustainable energy solutions and holds a significant position in the renewable energy market.
Reason for Classification as a Harris-Related Stock:
Vice President Harris’s green energy transition policies are expected to have a substantial impact on the solar power industry. First Solar is one of the key companies in this transition, with significant growth potential driven by government support and regulatory changes.
Johnson & Johnson (JNJ)
Company Overview:
Johnson & Johnson is a global company that manufactures healthcare products, medical devices, and pharmaceuticals. The company provides healthcare solutions across various fields, playing a crucial role, particularly in vaccine development and production. J&J is a leader in the healthcare industry, contributing to the health improvement of millions of people worldwide.
Reason for Classification as a Harris-Related Stock:
Vice President Harris’s public health policies focus on expanding vaccination and improving healthcare accessibility. Johnson & Johnson is one of the major beneficiaries of these policies, especially due to its role in vaccine development and production.
Brookfield Renewable Partners (BEP)
Company Overview:
Brookfield Renewable Partners is a global company focused on renewable energy production and management. The company operates hydropower, wind, and solar projects worldwide, concentrating on energy production from renewable resources. Brookfield is one of the leaders in the renewable energy transition, providing sustainable energy solutions.
Reason for Classification as a Harris-Related Stock:
Vice President Harris’s green energy transition policies will have a direct impact on the renewable energy industry. Brookfield Renewable Partners, being at the center of these changes, has significant growth potential due to government policy support.
Nucor (NUE)
Company Overview:
Nucor is one of the largest steel manufacturers in the United States, focusing on environmentally friendly steel production. The company uses recycled steel to reduce carbon emissions and contributes to environmental protection by adopting sustainable production methods. Nucor supplies steel products to various industries and plays an essential role in infrastructure improvement projects.
Reason for Classification as a Harris-Related Stock:
Vice President Harris emphasizes infrastructure improvement and environmentally friendly steel production. Nucor is a company that could benefit from these policies, especially with the anticipated government support related to the expansion of green steel production.
In conclusion, we have reviewed seven stocks categorized as Harris-related.
These stocks are closely linked to Vice President Kamala Harris’s policies and possess long-term growth potential. However, investment decisions should be made based on individual judgment, and it is recommended to conduct a deeper analysis of the respective stocks before making a decision.
Most importantly, we should wait to see who becomes the next president, right? Don’t rush into investments; carefully review the situation and make your decisions accordingly.
Thank you.