The polarization in the U.S. political scene is likely to frustrate most folks. However, as an investor, the 2022 midterm elections warrant close attention. History tells us the midterms typically kick off superior performance for equity markets.
It’s been a horrible year for investors in the stock market, but it has followed the general pattern before the midterms, where stocks tend to shed a ton of value. Stocks usually bottom out in October and usually mount an incredible comeback in the following months. The S&P 500 has historically outperformed in the 12 months following the midterms compared with non-midterm years.
Here are three stocks that have plenty riding on the upcoming midterm elections.
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