Listen up, folks. I’m going to tell you something the mainstream media won’t… Donald Trump could be headed back to the White House.
I know, I know. You’ve heard it all before. But this time, the stakes are higher than ever. And the whispers about a looming recession are getting louder. Just look at what happened to the market today. The Dow dropped nearly 600 points – that’s the biggest drop of the year! And if the economy truly weakens, it could turn Pennsylvania – the only state that matters in this election – solidly red.
With the race neck-and-neck, any whiff of economic trouble could send voters running back to Trump, desperate for the return of those “glory days”. And if that happens… well, let’s just say the market is in for a wild ride.
Some sectors are going to boom under a Trump presidency, while others will get crushed. And I’m here to guide you through the chaos. So forget the polls, ignore the pundits, and focus on what matters to your portfolio… PROFITS.
Here are 5 stocks to get you started…
5 Stocks for a Trump Presidency
Newmont Corporation (NEM)
Gold just hit a new high. Why? Because smart investors see what’s coming– political uncertainty and a weakening economy. And for centuries, one asset has stood as the ultimate safe haven… GOLD.
My colleague Andrew McGuirk, over at Stansberry Research, spotted this trend early. He saw that gold stocks like Newmont were quietly hitting new highs, even as the broader market wavered. And he’s convinced this is just the beginning.
[He even called it “a bull market” in one of his recent articles](https://dailywealth.com/articles/this-near-perfect-recession-indicator-just-flashed-a-warning-sign/).
I’m with Andrew on this one – it’s time to buy gold. A Trump victory, coupled with a sputtering economy, could send gold prices soaring. And that makes Newmont – one of the world’s largest gold producers– a no-brainer buy.
Mastercard Inc. (MA)
Remember those “glory days” under Trump? Yeah, those were fueled by cheap debt and easy money. The party’s over, folks. Interest rates are rising, the economy is slowing, and consumers are starting to feel the pinch.
Just this month, [Mastercard announced layoffs, citing the need to “streamline operations and adapt to the evolving economic landscape”](https://www.cnbc.com/2024/08/14/mastercard-to-cut-about-380-jobs-in-cost-cutting-move.html). Translation? They’re battening down the hatches for a recession– and you should too.
A Trump victory won’t change that. In fact, it could make things worse.
Mastercard is a classic example of a company tied to consumer spending. And if a recession hits– with or without Trump in the White House – this stock is going to get hammered. Sell now, ask questions later.
General Motors (GM)
Here’s a little secret: The auto industry is facing a triple threat right now. Rising interest rates, supply chain disruptions, and a looming recession. And guess who’s caught in the crosshairs? General Motors.
With fewer people able to afford new cars, and the company [already announcing layoffs](https://www.cnbc.com/2024/08/14/mastercard-to-cut-about-380-jobs-in-cost-cutting-move.html), GM is looking a lot like a lemon. And a Trump presidency, with its focus on manufacturing jobs, isn’t going to be enough to turn things around.
Remember, Trump was in office for four years. Did we get those manufacturing jobs back? Nope. The same forces that hammered the auto industry years ago are back with a vengeance. GM is a sell.
Cisco Systems Inc. (CSCO)
Remember when tech stocks were the darlings of Wall Street? Yeah, me neither. The tech bubble has burst and the hangover is setting in. Companies like Cisco Systems are feeling the pain– high interest rates are eating into their profits.
And guess what? [Cisco just announced layoffs too](https://www.cnbc.com/2024/08/07/cisco-lays-off-hundreds-of-employees.html). They’re seeing the writing on the wall, just like General Motors and Mastercard.
While Trump loves to talk about American tech dominance, his policies— including trade wars– often [hurt these companies more than helped them](https://www.cnbc.com/2020/09/28/cisco-cfo-tariffs-have-cost-us-over-1-billion-need-free-and-fair-trade.html). Stay away from Cisco.
Carmax Inc (KMX)
CarMax is another one of those consumer-dependent companies that’s about to hit a wall. Remember, rising financing costs and a weakening economy mean fewer people are buying used cars.
Sure, CarMax weathered the 2020 pandemic storm fairly well. But this time is different. The economy is on shaky ground, and CarMax is showing the warning signs— they’ve [already resorted to layoffs](https://www.wsj.com/business/autos/carmax-layoffs-used-car-market-challenges-2d6a7c46).
Don’t be fooled by any short-term rallies. Carmax is heading lower.
Bottom Line
The 2024 election is going to be a nail-biter. And while no one knows for sure who will win, smart investors know that ignoring the political landscape is a losing strategy.
These five stocks are just a starting point. Do your own research, stay informed, and get ready to profit from whatever chaos comes next.
Tomorrow, you’ll learn how to prepare for a “September surprise”, a major market event that could happen as soon as next week.