Cramer Asserts Harris Could Boost Mega Caps and International Business

Investment guru Jim Cramer opines that a potential Kamala Harris presidency would favor mega caps and international businesses more than under Trump or Biden. He emphasized that for tech investors, Harris' administration could mean a Washington where tech has influence, contrasting it with Trump's antagonistic stance and Biden's perceived silence on the matter.

For those with holdings in international firms, Cramer suggests Harris is advantageous, citing her potential for positive impact compared to other candidates. This assessment comes after President Biden's exit from the 2024 race and his endorsement of Harris, who has garnered support from key political figures nationwide.

Cramer highlights that Harris may adopt a "more nuanced approach" towards big business, potentially engaging in closer dialogue with Big Tech leaders. He also characterizes her as a "true believer in globalization," which could spell good news for companies like Taiwan Semiconductor and others with global footprints, in contrast to the protectionist policies advocated by the Trump-Vance ticket.

The latter, according to Cramer, signifies an "America First" retreat from global engagement, with increased tariffs and barriers for companies seeking to operate internationally. Thus, for investors keen on global growth and tech sector prosperity, Harris' potential policies could be a compelling factor.