Raul Castro, in his yearly New Year’s Day speech, expressed a desire to talk with the new Obama administration once it comes into power later this month. Assuming we did have normalized relations with the Caribbean island, there are multiple market sectors that would experience significant changes.

For one, the hotel and casino gaming industry that flourished under Batista would be oh so eager to return. Expect growth in those sectors. Major hotel chains like Marriott International Inc. (MAR) and Hilton Hotels Corp. (HLT) would almost certainly take a slice of the pie. Prominent casino stocks include many of these manufacturers and providers listed on the American Gaming Association website.

American sugar is priced artificially high; an influx of cane sugar from Cuba suggests profitable business for companies that use a great deal of sugar in their product. Coca-Cola Company (KO), Pepsi Co. (PEP), and The Hershey Company (HSY) are only a few of the potential beneficiaries.

Outside of American companies, the economic stimulus to Cuba would be nothing short of entirely massive. However, current government situations in Cuba make potential foreign investment in them rather difficult.