If Mitt Romney wins the White House, there will be high fives at defense contractors, oil and coal companies, the big banks and the medical device makers.
All might expect an easier ride from an administration friendly to defense, skeptical about regulation and hostile to new taxes.
Their stock prices might get a bump.
An Obama win, however, would bring a sigh of relief at green energy firms, which like their subsidies. Hospital and health insurance executives might also give a cheer. Obamacare means more paying customers for them.
But an Obama victory might give a shudder to investors in dividend stocks – especially telecom companies and utilities. The president wants to hike taxes on investment income for well-off taxpayers, which might mean fewer buyers for such stocks.