BAD B*TCHES INVEST

 

    Biden will be inheriting an economy plagued with struggles from the second wave of COVID-19. With a vaccine insight, let’s all pray that 2021 will be the year of healing, both for our nation facing racial and political divide and for those who have been infected or are still battling the virus that has changed all of our lives. Under Biden, many sectors of the stockmarket have the potential to see growth like never before. 

Here are the stocks to invest once President-elect Joe Biden swears into office...

Marijuana Production

  While Biden nor Harris have the direct authority to legalize weed nationwide, they both have expressed their support on this issue. Four new states in 2020- Montana, New Jersey, South Dakota, and Arizona- have legalized the use of recreational marijuana according to the CNN article published just last week titled “Montana, Arizona, New Jersey, and South Dakota approve marijuana ballot measures, CNN projects.” With the growling legalization of the “Mary Jane,” marijuana farms are going to see a boom in business! The best stock in the recreational/marijuana industry to invest in is Aurora Cannabis. This is a Canada-based company that is focused on the growing, selling, and distribution of cannabis products. 

The current stock price as of Nov. 11th is around $8. While their stock price has definitely jumped up and down over the last 5 years, 2021 has the potential to be their best year yet! This is a great, cheap stock to start with if you’re interested in investing in the cannabis industry. 

Green energy

Green energy is in and harming the Earth is out! Looking at the Biden- Harris campaign website, you can check out for yourself everything the new administration says about what they plan to do in regards to green energy. To sum it up, Biden plans to make a historic investment into the clean energy industry and research. He wants to spread the use of clean energy not just to big businesses, but to households across the country. With this massive investment into the clean energy market, those creators of solar panels and other technology needed for the spread of clean energy will see greater earning potential. The best clean energy stock, in my opinion, is iShares Global Clean Energy ETF, which is A San Francisco based company that focuses on solar, wind, and other renewable resources. 

Their stock price as of today is around $22 and other the last 5 years that have witnessed positive growth. This stock is great if you want to invest in a more general renewable resource company without breaking the bank. 

Infrastructure

A major part of Biden’s 2020 platform includes “build back better,” which means Biden is dedicated to improving America’s mobility for manufacturing and modernizing infrastructure. With this pledge, infrastructure companies will be busy, gaining more money in revenue from the government. The best infrastructure stock to invest in right now is Martin Marietta Materials. 

It is definitely more expensive than the others, sitting at around $270 a stock, this North Carolinian company has the potential to rack in some serious returns. They have had stable growth over the last five years and have earned higher earnings per share than expected all of 2020! A higher investment, but this stock has the potential to bring in a big reward.