Industries Directly Affected By the Russian Invasion of Ukraine
In late February 2022, Russia began its invasion of Ukraine. Aside from the humanitarian implications, Russia’s invasion of Ukraine will undoubtedly lead to economic repercussions around the world. Russia is a major producer of oil and natural gas, is also the world’s largest wheat exporter, and is a major food supplier to the rest of Europe.
With Russia having such a strong role in the European economy, this geopolitical conflict will likely have negative economic implications that will impact all of Europe.
While the United States imports very little from Russia directly, the price of raw materials and finished goods will surge as this conflict continues. In respect to Russia’s oil production, the U.S. also imports comparatively little Russian oil. However, energy commodity markets are global, meaning that the price of oil anywhere in the world greatly affects how much energy costs everywhere in the world.
With Russia producing 10 million barrels of oil a day, combined with the fact that it is Europe’s largest supplier of natural gas, nearly every country will feel the economic impact spurred on by Russia’s invasion of Ukraine.
In addition, the Ukrainian economy and ability to trade goods and raw materials will also be hindered as a result of this conflict. While Ukraine is not as large a Russia, the country is a significant producer of uranium, titanium, iron ore, steel, and ammonia.
Ukraine is also a major source of Europe’s crop production, being responsible for more than 15 percent of global corn exports and a significant producer of wheat, sugar, barley, vegetable oil, and sunflower oil.
The Ukrainian agriculture industry will likely suffer greatly during this time which will in turn affect consumer staples that are made from these agriculture products like wheat, sugar, barley, oils, meats, dairies, and more.
All things considered, three industries that will be significantly affected by the Russian invasion of Ukraine are:
- energy,
- raw materials, and
- consumer staples.
As more governments continue to put financial sanctions on receiving Russian exports, additional industries will be affected as the conflict surges. So, what does all of this mean for your stock portfolio?
7 Stocks That Could Surge Following the Russian Invasion of Ukraine
If you’re looking to capitalize on the Russian invasion of Ukraine when it comes to your investment portfolio, focusing on stocks in the energy and raw materials sectors will likely be the best approach. Here are seven top stock picks in the energy and materials sectors below.
Energy
With Russia being a major producer of oil and gas, non-Russian gas and oil companies may experience increased revenue as governments around the world refuse to accept Russian goods and products. The Exxon Mobil Corporation, BP p.l.c., and the Chevron Corporation are three gas and oil companies that do not have ties to Russia.
The Exxon Mobil Corporation is an American oil and gas corporation headquartered out of Irving, Texas.
XOM stock’s 52 week high is $91.51 per share, and the stock’s 52 week low is $52.10. XOM’s market cap is around $330 Billion.
BP p.l.c., formerly known as British Petroleum, is a British oil and gas company headquartered out of London, England.
BP stock’s 52 week high is $34.16 per share, and the stock’s 52 week low is $22.64 per share. BP’s market cap is around $94 Billion.
The Chevron Corporation is an American energy corporation headquartered out of San Ramon, California.
CVX stock’s 52 week high is $174.76 per share, and the stock’s 52 week low is $92.86 per share. CVX’s market cap is around $317 Billion.
Materials
With both Russia and Ukraine being home to raw materials, investing in global metal companies outside of Russia and Ukraine may prove to be a worthwhile investment where you are able to yield great returns.
Four top stock picks in the materials sectors that do not have ties to Russia include Sibanye Stillwater Limited, Vale S.A., BHP Group Limited, and the Alcoa Corporation.
Headquartered in South Africa, Sibanye-Stillwater is a multinational precious metals mining company with various goods and base metals operations and mining projects in South Africa and the Americas.
SBSW stock’s 52 week low is $11.15 per share. SBSW’s market cap is around $13 Billion.
Headquartered out of Rio de Janeiro, Brazil, Vale S.A. is a Brazilian multinational corporation engaged in metals and mining projects and is the world’s largest procedure of iron ore and nickel.
VALE stock’s 52 week high is $23.18 per share, and the stock’s 52 week low is $11.16 per share. VALE’s market cap is around $91 Billion.
BHP Group Limited, formerly known as BHP Billiton, is an Australian multinational mining, metals, and petroleum company headquartered out of Melbourne, Australia.
BHP stock’s 52 week high is $82.07 per share, and the stock’s 52 week low is $51.88 per share. BHP’s market cap is around $248 Billion.
The Alcoa Corporation is an American industrial corporation headquartered out of Pittsburgh, Pennsylvania, and is the world’s sixth-largest producer of aluminum.
AA stock’s 52 week high is $92.32 per share, and the stock’s 52 week low is $27.11 per share. AA’s market cap is around $15 Billion.
Other Potential Winners in Response to Russia’s Invasion of Ukraine
In addition to the seven stock picks above, military-related stocks and cybersecurity stocks should also be on your watchlist at this time.
If Russia responds to Western intervention through cyberattacks, cybersecurity stocks like ETFMG Prime Cyber Security ETF (NYSE:HACK) may prove to be a worthwhile investment.
If the West decides to come to Ukraine’s aid, military stocks like iShares U.S. Aerospace & Defense ETF (NYSE:ITA) or Direxion Daily Aerospace & Defense 3X Shares ETF (NYSE:DFEN) may surge as the West sends military forces to Ukraine.
Tips to Safeguard Your Portfolio as Russia Invades Ukraine
- Russian Ruble Currency
- Ukrainian Hryvnia Currency
- Companies That Have Significant Export to or Revenues From Russia like;
- Veon (NASDAQ:VEON)
- Mobile TeleSystems (NYSE:MBT)
- EPAM Systems (NYSE:EPAM)
- Playtika (NASDAQ:PLTK)
- QIWI (NASDAQ:QIWI)
- Ozon Holdings (NASDAQ:OZON)
#1 Stock For The Next 7 Days
When Financhill publishes its #1 stock, listen up. After all, the #1 stock is the cream of the crop, even when markets crash.
Financhill just revealed its top stock for investors right now... so there's no better time to claim your slice of the pie.
See The #1 Stock Now >>The author has no position in any of the stocks mentioned. Financhill has a disclosure policy. This post may contain affiliate links or links from our sponsors.