Winning ETFs Under Obama
Don Dion from Seeking Alpha wrote an excellent post back in November that we happened to find while doing some research today. Just as we often do, Dion cites healthcare and energy as two sectors that may perform well under the Obama administration. In addition to this, his specific selections are fantastic.
He notes that in the field of healthcare, “providers, on the other hand, could flourish as more individuals take advantage of healthcare. As more Americans become insured and begin scheduling appointments and yearly physicals, ETFs such as iShares DJ U.S. Healthcare Providers (IHF) could become beneficiaries of an expanding healthcare system.”
Regarding energy sectors, Dion writes that “while ETFs heavily loaded with large oil companies, such as iShares Oil & Gas (IEO), could feel the pressure of an energy shift, natural gas ETFs, such as First Trust’s Revere Natural Gas Fund (FCG), could benefit from the conversion. As other clean energy alternatives are probed for viability, funds such as PowerShares WilderHill Clean Energy (PBW) could gain momentum.”
Posted: December 29th, 2008 under Energy, Healthcare, Obama, The First Year, Transition.
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