Third Point's Dan Loeb believes a few companies are poised to benefit if former President Donald Trump were to win the upcoming general election.
Third Point's Daniel Loeb believes the odds are rising that former President Donald Trump will win the U.S. presidency this November over Vice President Kamala Harris , and the influential hedge fund manager is increasing positions that would benefit under a Republican administration and Congress.
Some companies highlighted by Loeb as winners for the fund in the third quarter could benefit from deregulation and increased domestic manufacturing under Trump, notably utility PG & E , nuclear power play Vistra and conglomerate Danaher . Alphabet — a company that has come under fire from the Biden administration for violating antitrust laws and which Loeb also owns — could also benefit.
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