Best stocks to own if you're betting on Obama

The presidential election is less than two months away, and the race is tight. But if you think President Obama will be re-elected, consider investing in these five sectors. Check out Romney stocks.

Life sciences

obama gallery life sciences

While scientific research won't get much of a boost no matter who wins in November, Democrats are generally friendlier when it comes to funding for organizations like the National Institute of Health.

In fact, Romney's economic plan includes a 5% reduction on all non-security discretionary spending.

So with an Obama win, analysts expect that companies like Illumina (ILMN), Thermo Fisher Scientific (TMO), and Life Technologies (LIFE), which generate a big chunk of their revenue from government-funded agencies like the NIH, will enjoy a healthy rise.

Source: Thinkstock
- Last updated September 21 2012 12:52 PM ET