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Doug Fabian: If Obama Wins ... Go Industrial
By: TheStockAdvisors.com   Wednesday, October 15, 2008 9:52 AM
Sectors: Finance

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"If Obama wins, we would seek to profit from the spending plans; we would expect an increase in infrastructure spending," says fund expert Doug Fabian.

The editor of Successful Investing and the specialized The ETF Trader explains, "As a result, we would suggest investing in the Industrial Select Sector SPDR (NYSE: XLI)."

"One sector that I think will perform well if Obama wins the election is industrial infrastructure.

"The Democratic candidate repeatedly has said that the nation needs to rebuild its aging infrastructure, including bridges, the power grid and our water delivery and reclamation system.

" think there will be a lot of federal money doled out to the states for this purpose if Obama is president — especially if the Democrats gain seats in Congress.

"One way to play this likely increase in infrastructure spending is via the Industrial Select Sector SPDR, an exchange traded funds focused solely on this area.

"This ETF includes companies from the following industries: building products, construction, engineering, electrical equipment and conglomerates.

"This fund normally will invest at least 95% of its total assets in common stocks that comprise the Industrial Select Sector Index."


 

 
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