Trump Trade War Sell-Off: 5 Genius Stocks I'm Buying While They're Cheap
The stock market has taken a nose dive due to fears that a looming trade war will take a toll on the U.S. economy. While the recent declines have hit nearly every sector, no group of stocks has fared worse than the big tech leaders that have been benefiting from the rise of artificial intelligence (AI). Some of these stocks are down by around 20%. But those slides make them interesting investments to consider buying.The five stocks that I'm most focused on right now are Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN). I think their dips have created great buying opportunities, as I'm focused on the next five years, not the next five days, weeks, or months.Investors need a reality check on this potential trade war. While President Donald Trump has enacted some tariffs against Mexico, Canada, and China (and postponed, for now, others that he had threatened to impose), there are likely still more on the way, as he has announced plans for additional retaliatory tariffs to take effect on April 2. This has led many to fear what these added costs for goods could do to the economy. Consumers may choose to buy less if tariffs push prices significantly higher.Continue reading
The stock market has taken a nose dive due to fears that a looming trade war will take a toll on the U.S. economy. While the recent declines have hit nearly every sector, no group of stocks has fared worse than the big tech leaders that have been benefiting from the rise of artificial intelligence (AI). Some of these stocks are down by around 20%. But those slides make them interesting investments to consider buying.
The five stocks that I'm most focused on right now are Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN). I think their dips have created great buying opportunities, as I'm focused on the next five years, not the next five days, weeks, or months.
Investors need a reality check on this potential trade war. While President Donald Trump has enacted some tariffs against Mexico, Canada, and China (and postponed, for now, others that he had threatened to impose), there are likely still more on the way, as he has announced plans for additional retaliatory tariffs to take effect on April 2. This has led many to fear what these added costs for goods could do to the economy. Consumers may choose to buy less if tariffs push prices significantly higher.
