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Last week’s U.S. election was a long, protracted battle, with many states still in the process of tallying votes. Despite the political rollercoaster, the market hasn’t paused and is once again in rally mode.
Part of the political motivation for such optimism is the fact a divided Congress seems likely, with Democrats maintaining control of the House and Republicans maintaining control of the Senate. A divided government, cynical as it sounds, has traditionally meant gridlock. And gridlock means not much changes, which the markets like.
That also means stocks that have been doing well will continue to do well, especially those currently taking advantage of the big changes that have already occurred in our economy.
I’ve found 7 A-rated stocks to buy that are all-weather winners:
- Etsy (NASDAQ:ETSY)
- iRobot (NASDAQ:IRBT)
- Logitech (NASDAQ:LOGI)
- PennyMac Financial