“Trump’s Economy: Stocks to Watch Out For”
With the recent changes in the economy under President Trump, it’s important for investors to stay on top of their game. While there are several stocks that are thriving in this new economy, there are also some that are struggling and should be avoided.
One stock to watch out for is General Electric (GE). This once-powerhouse company has been facing financial troubles and has seen a significant decline in its share price. The company has been struggling to adapt to the changes in the energy industry and has also been hit with legal issues. With no clear solution in sight, it may be wise for investors to steer clear of GE for now.
Another stock to avoid is Ford (F). Despite being a staple in the American automotive industry, Ford has been struggling to keep up with the competition. The company has been facing declining sales and has also been hit with tariffs on steel and aluminum, which has led to higher production costs. In addition, Ford’s decision to focus on SUVs and trucks rather than electric and self-driving vehicles could hurt its long-term growth potential.
On the other hand, there are some stocks that are thriving in Trump’s new economy. One to keep an eye on is Amazon (AMZN). With the rise of online shopping and the company’s successful expansion into other industries such as cloud computing and streaming services, Amazon has been consistently performing well. In fact, it recently became the second company to reach a market value of $1 trillion. As long as the economy continues to favor e-commerce, Amazon is a strong stock to consider.
In conclusion, it’s important for investors to be aware of the current state of the economy and how it may impact different stocks. While some companies may struggle, there are also opportunities for growth. Keep an eye on stocks like GE and Ford, but also consider strong performers like Amazon in your investment decisions. As always, do your own research and consult with a financial advisor before making any investment choices.