Pru analyst sees Dems taking control of House
PRU ANALYST SEES DEMS TAKING CONTROL OF HOUSE
[SOURCE: Reuters, AUTHOR: Cal Mankowski]
Prudential Equity Group's political analyst Charles Gabriel has concluded that Democrats are likely to win control of the U.S. House of Representatives in the November 7 election. Stock sectors that could become what Gabriel calls "Dem shocks" include regional telephone companies, health plans, pharmacy benefit managers, defense contractors, college loan and educational services companies, and retailer Wal-Mart Stores. The analyst rates the chances of the Democrats winning control of the Senate at one in three. He puts the odds of a shift in both houses at 30 percent.
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