The surprise, decisive victory of Prime Minister David Cameron's Tories could be great news for U.K. stocks.
"We were anticipating that we'd get a huge amount of political uncertainty after the election because no one major party would have the seats to form a majority in the House of Commons," said Oliver Harvey, a currency strategist with Deutsche Bank.
"That hasn't materialized—we've had a decisive result. So I think the focus can shift immediately back to the U.K. economy and macroeconomic fundamentals. And I think those are very supportive for the U.K. at the moment," Harvey said Friday on CNBC's "Power Lunch."
"I think the U.K. economy is doing very well," he continued. "So I do think this will be relatively supportive for sterling and other U.K. assets."