3 stocks to watch instead of political ads

TheStreet Pro's Chris Versace reveals the three stocks that stand to benefit from the last month of political campaign ads.

Oct 11, 2024 - 04:30
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3 stocks to watch instead of political ads

At this stage during the political cycle, the one bipartisan issue could be that we've all had enough of campaign ads, whether presidential, state or local.

On the alternative hand, the bane of your viewing experience may prove an exceptionally large choice to your wallet.

On this sneak peek from the quarterly TheStreet Pro members' call, portfolio manager Chris Versace revealed the investing play it is advisable to be leaving on the table as digital advertising hurries up into the ultimate days of the 2024 presidential election.

Catch Versace's comprehensive review of the market and the ultimate TheStreet Pro portfolio here.

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Transcript:

CHRIS VERSACE: I might say that the market condition is continuing to be overbought and stretched. I believe that the election-- I mean, it will possibly come the complete way down to the wire. I believe if we take a have a glance into among the many most modern polling in point of fact during the battleground states, it surprisingly is still close.

But the silver lining in that, Conway, is that because or not it truly is miles so close, I believe both candidates are going to pull out the complete stops with campaigning and advertising. And I believe other people will recognize this, that between Trade Desk, between Alphabet, Meta, I believe we're extremely well positioned for that accelerated shift in digital advertising that they'll utilize even over the last couple of days.

As I've tuned in to YouTube to have a glance at a clip of something, it seems as if there's two ads running, one of which is a presidential campaign ad. So I believe they are fully embracing that, and or not it truly is the rationale good for us.

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