FX.co ★ 3 stocks to buy no matter who wins presidential race

Rockwell Automation

The company is dedicated to industrial automation and information. So far, its shares have advanced by 17%, more than doubling since mid-March (+105%). Regardless of who wins the election, Donald Trump or Joe Biden, the manufacturer of industrial and software equipment continues to multiply its capital. Rockwell has a market capitalization of $27.5 billion. At the end of July 2020, the company provided a strong earnings report for the third quarter, which exceeded analysts' expectations. According to forecasts, earnings per share for the reporting period totaled $1.75 compared to $1.27 for the previous quarter, while revenue increased by 14% to $1.58 billion. For the same period in 2019, the figures were $2.01 billion and $1.73 billion, respectively. Rockwell boosted its full-year fiscal 2020 EPS guidance in a range from $6.90–$7.70 to $7.40 - $7.60 per share.

Pfizer

Pharmaceutical giant Pfizer is one of the developers of the COVID-19 vaccine. The company has been working alongside the German drug manufacturer, BioNTech. The vaccine is currently being tested in the United States. Some experts say that new details about the vaccine will be available by mid-November. No matter who will be elected, the US government is ready for nationwide vaccination against coronavirus. For the current year, Pfizer securities fell by 4.5% to $37.43. The company had a market capitalization of almost $208 billion and earnings per share of $0.72. During the COVID-19 pandemic, demand for certain types of medicines was low. Therefore, the company’s revenue tumbled by 4% to $12.13 billion in annual terms. Pfizer raised and narrowed its profit forecasts slightly for all of 2020. Pfizer expects 2020 adjusted earnings-per-share of $2.88 to $2.93 and revenue of $48.8 to $49.5 billion.

NextEra Energy

The list of the top 3 most successful companies whose profits remain high despite the outcome of the US election includes NextEra Energy (NEE), the largest supplier of renewable energy. Demand for the company's services is growing day by day amid the growing interest in green energy. NextEra focuses on the development and operation of wind turbines and solar power plants for large corporations. This year, its securities have risen by almost 25% reaching a historic high of $77.01. Thanks to the growth in the market capitalization to $148.4 billion, NextEra surpassed the largest US energy companies, such as Exxon Mobil ($138.7 billion) and Chevron ($133.8 billion). In the third quarter of 2020, NEE's earnings per share increased by 11% to $2.66 in annual terms, while revenue fell 14% to $4.79 billion. NextEra has recently improved its forecast for the next few years, taking into account the success of its divisions and strong demand in the renewable energy segment. In 2021, the leading supplier of solar and wind energy is expected to earn between $2.40 and $2.53 per share. In 2022-2023, earnings per share are estimated to increase by 6-8%.