Friday, January 16, 2009

Impact of Barrack Obama's Presidentship

Barrack Obama taking over President of United States is generally seen as positive signal for many industries as well as companies. No doubt it might take some time for revival of economy as well as the stock market. The major sectors that might benefit from Obama being President are health care, infrastructure, education and alternative energy.

President Obama’s main thrust would be on economic recession and measures to counteract unemployment. Today on account of economic recession, the unemployment figures have been growing very steadily. People are looking for various ways to get employment and trying measures to improve their credentials by trying different courses or procuring higher education.

Because of this, some of the institutions or companies like Apollo Group (APOL), Strayer Education (STRA), Lincoln Education Services Corporation (LINC) would be the most benefitted in the present phase. These companies or institutions offer various degree options for students as well as adults. Moreover, they offer convenient services also especially to those people who have been laid off enabling them to get higher education.

The University of Phoenix, one of the most popular online universities, is run by the Apollo Group (APOL). They provide different educational programs at the high school, college and graduate level. Apollo Group has both online as well as classroom education facility. Strayer Education (STRA) also offers online as well as classroom educational facilities to students as well as adults. They have graduate as well as undergraduate degree courses. Lincoln Eduational Services Corporation offers vocational as well as skilled training education. They offer degree and diploma programs in various fields.

President Obama has plans to spend about $150 billion over a gap of 10 years for companies dealing in energy efficiency and renewable energy. Companies that are most likely to benefit from such projects are Power Shares Wilder Hill Clean Energy (PBW) and Global Alternative Energy (GEX) which have worldwide investments.

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