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With Republican presidential victor Donald Trump headed to the White House, investors can benefit — if they are holding the right stocks.
Trump has been evasive when it comes to taking a stand on most money issues facing the country. With the help of the Council on Foreign Relations, we outline areas where he has been assertive in his position on financial matters.
“The Trump team has been harder to nail down … but it is safe to say that big businesses that are strong exporters will benefit,” says Chuck Fulkerson, director of education at Online Trading Academy, a stock investing and trading educational program.
Jeff Reeves, analyst and executive editor of InvestorPlace.com, says “pure-play U.S. companies” like Target (TGT), Macy’s (M) and Chipotle (CMG) would be a way to avoid being hurt if Trump angers U.S. allies abroad.
“These names will take less of a hit because they won’t be caught up in the global give-and-take of trade wars,” he says
Here’s how to Trump-proof your investment portfolio now that the real estate mogul has won the presidential election.