Here's the translation of the heading: "A Look at the Elections: Which Buffett Stocks Could Benefit?
- Warren Buffett has not expressed a clear favorite among the presidential candidates.
- Lennar and NVR could benefit from a Democratic election victory.
Eulerpool News·
In anticipation of the upcoming presidential elections, billionaire investor Warren Buffett has yet to express a clear favorite among the candidates. Although the 94-year-old has previously declared his affinity for the Democratic Party, it remains unclear whom he supports in this race. Nonetheless, Buffett might have reason to cheer, no matter who eventually comes out on top. With more than 40 holdings in his company Berkshire Hathaway's portfolio, there is likely to be at least one rising star among his investment holdings. However, two stocks stand out, particularly if Vice President Kamala Harris and the Democrats secure majorities in both chambers of Congress. Lennar and NVR could be considered the clear winners of a Democratic electoral victory. Both companies are leading homebuilders in the USA, with Lennar being a heavyweight with a market capitalization of over $45 billion, while NVR brings about $28 billion to the market. Beyond home construction, both firms also offer services in the areas of mortgages and land registration. Despite the potential, Buffett himself would not be the significant crisis winner, given that Berkshire Hathaway's holdings in these companies are relatively small: about $24 million in Lennar and around $100 million in NVR, each accounting for less than 0.1 percent of the total portfolio. The crucial reason why Lennar and NVR could benefit from a Democratic victory lies in Harris' ambitious plan. The Vice President plans to boost housing by building 3 million new homes and reducing associated costs. She also aims to cut bureaucratic hurdles and make more federal land available for housing development. In particular, Harris plans to create tax incentives for construction companies that build starter homes for first-time buyers.
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