Cowen on Tuesday released its top picks for the U.S. presidential election, highlighting a list of stocks that are likely to perform best on a potential victory by Democrat Hillary Clinton.
"We continue to believe the presidential race remains Clinton's to lose with a dwindling path to 270 electoral votes for Trump. To us, the bigger question is Trump's margin of loss," wrote the firm's Washington strategist Chris Krueger.
As a result, Krueger advises clients to position their portfolios according to the policies that are likely to take center stage under a Democratic presidency.
"We believe Mrs. Clinton's top legislative priorities will include: sweeping immigration reform, launching her infrastructure program and tax reform," wrote Krueger as potential investment areas.