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Wall Street sees a long-awaited rotation into value stocks if Biden wins — Here’s how to play it

Democratic presidential candidate Joe Biden speaks at a voter activation center in Chester, Pennsylvania, on October 26, 2020.

Jim Watson | AFP | Getty Images

(CNBC PRO is looking at the most important investing angles surrounding the election. For the complete investor’s guide, see here.)

A growing cohort of Wall Street strategists are betting on a revival of value stocks as a potentially new administration could create conditions favoring bargain-priced stocks whose success hinges on a broad economic turnaround.

At the core of the value call is the possibility of a massive fiscal spending package under a Biden presidency, which could boost economically sensitive stocks from banks to commodity producers and to industrial shares.

Source: Cnbc

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