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As the Market Fluctuates in Response to President Donald Trump's Tariffs, What Stocks Are Safe?
When trying to pick stocks during an unpredictable trade war, I like to look for companies that sell essentials or that aren't dependent on foreign manufacturing or materials. It's important to point out that no stock is completely safe from the economic damage such events can cause, but these three are more insulated from its impacts than many.Netflix (NASDAQ: NFLX) doesn't manufacture or sell any physical products, and its streaming video assets don't need to be moved across borders in ways that would subject them to tariffs. It is in the content game, and relies on subscriptions for most of its revenue.When it reported its Q1 results, Netflix said that it wasn't changing its outlook for the second quarter, during which it anticipates year-over-year revenue growth of 15.4%, and diluted earnings per share of $7.03, up from $4.88 in the prior-year period.Continue reading
When trying to pick stocks during an unpredictable trade war, I like to look for companies that sell essentials or that aren't dependent on foreign manufacturing or materials. It's important to point out that no stock is completely safe from the economic damage such events can cause, but these three are more insulated from its impacts than many.
Netflix (NASDAQ: NFLX) doesn't manufacture or sell any physical products, and its streaming video assets don't need to be moved across borders in ways that would subject them to tariffs. It is in the content game, and relies on subscriptions for most of its revenue.
When it reported its Q1 results, Netflix said that it wasn't changing its outlook for the second quarter, during which it anticipates year-over-year revenue growth of 15.4%, and diluted earnings per share of $7.03, up from $4.88 in the prior-year period.
