Worried About Trump's New Tariffs? These 3 U.S. Companies Are Set to Weather the Storm
Stocks are sinking the most since the COVID-19-fueled sell-off in 2020. A global trade war seems imminent. JPMorgan Chase just raised its estimated probability of a recession to 60%. What's the common denominator behind all this bleak news? President Donald Trump's new tariffs. If you're worried about the effect of the Trump administration's trade policies, that's understandable. However, one way to turn those concerns into concrete actions that can make you money is to invest in businesses that have little reason to worry about tariffs. These three U.S. companies are set to weather the storm quite well.While the stock market plunged in recent weeks, a few stocks were actually hitting record highs. Kroger (NYSE: KR) was one of them. Although shares of the giant grocery chain company have retreated slightly, they're still up around 14%. That's an especially impressive gain considering the pervasive doom and gloom on Wall Street.Continue reading
Stocks are sinking the most since the COVID-19-fueled sell-off in 2020. A global trade war seems imminent. JPMorgan Chase just raised its estimated probability of a recession to 60%. What's the common denominator behind all this bleak news? President Donald Trump's new tariffs.
If you're worried about the effect of the Trump administration's trade policies, that's understandable. However, one way to turn those concerns into concrete actions that can make you money is to invest in businesses that have little reason to worry about tariffs. These three U.S. companies are set to weather the storm quite well.
While the stock market plunged in recent weeks, a few stocks were actually hitting record highs. Kroger (NYSE: KR) was one of them. Although shares of the giant grocery chain company have retreated slightly, they're still up around 14%. That's an especially impressive gain considering the pervasive doom and gloom on Wall Street.
