Worried About Tariffs? These 3 Stocks Could Be Safe Buys Right Now.
Tariffs and the threat trade wars pose on the global economy are weighing on the markets right now. How long this will last and how devastating the impact will be on businesses has many investors hitting the panic button. There could, however, be some good, relatively safe stocks to buy amid all this turmoil. Three investments you may want to consider loading up on right now are Alibaba Group Holdings (NYSE: BABA), Visa (NYSE: V), and Axon Enterprise (NASDAQ: AXON). Here's why I think these stocks can outperform the market in the months and potentially years ahead.President Donald Trump has put tariffs in place on imports from China, which will raise costs for many companies operating in the U.S. and that depend on Chinese goods. But for Chinese-based Alibaba, the tech company makes the bulk of its revenue in China, which means U.S. tariffs may not have much of an effect on its overall business.Continue reading
Tariffs and the threat trade wars pose on the global economy are weighing on the markets right now. How long this will last and how devastating the impact will be on businesses has many investors hitting the panic button.
There could, however, be some good, relatively safe stocks to buy amid all this turmoil. Three investments you may want to consider loading up on right now are Alibaba Group Holdings (NYSE: BABA), Visa (NYSE: V), and Axon Enterprise (NASDAQ: AXON). Here's why I think these stocks can outperform the market in the months and potentially years ahead.
President Donald Trump has put tariffs in place on imports from China, which will raise costs for many companies operating in the U.S. and that depend on Chinese goods. But for Chinese-based Alibaba, the tech company makes the bulk of its revenue in China, which means U.S. tariffs may not have much of an effect on its overall business.
