Shifting political winds toward populism, nationalism and de-globalization are also likely inflationary, says stock strategist Mike Wilson at Morgan Stanley, and together with deficit spending and expected weakness in the dollar "are creating the most convincing case for a return of inflation we've seen in some time," he says. Stocks that he likes include industrial machinery manufacturer Fortive (FTV, $55), General Electric (GE, $5), Hilton Worldwide (HLT, $69), chipmaker Maxim Integrated Products (MXIM, $52) and global payments giant Visa (V, $183). The road map has changed a lot since our last investing outlook six months ago.