As Americans cast their votes in a history-making presidential race between former President Donald Trump and Vice President Kamala Harris, CNBC's Jim Cramer explained that few sectors are currently obvious winners or losers under either candidate's administration.
"This presidential prognostication game is meaningless until we start hearing about cabinet appointments, those will tell us a lot," he said.
Cramer first looked at tech giant Apple , noting that under the Biden administration it's facing an antitrust lawsuit from the Department of Justice.
Trump has promised to significantly raise tariffs, especially on goods coming in from China.
"When it comes to many stocks that seem obvious for one candidate or another, there's a Yin and Yang dynamic that doesn't get enough attention," Cramer said.
Persons:
Donald Trump, Kamala Harris, CNBC's Jim Cramer, Cramer, Biden, it's, Trump, Yin, Yang
Organizations:
Department of Justice, Apple, Trump, Federal Trade Commission
Locations:
China