Donald Trump epic win in the just concluded U.S elections sent shockwaves in the financial and stock markets as investors rushed to adjust their portfolios accordingly. With stability slowly streaming in, it is becoming clear the winners and losers in the market, as Trump prepares to ascend to power. Some of the stocks that could win big with Trump presidency include Lockheed Martin Corporation (NYSE:LMT), Eli Lilly and Co (NYSE:LLY) and Freeport-McMoRan Inc (NYSE:FCX). Losers, on the other hand, include the likes of Abbott Laboratories (NYSE:ABT), Barrick Gold Corporation (USA) (NYSE:ABX) and Amazon.com, Inc. (NASDAQ:AMZN).
President-elect Mr. Trump won the election on the promise that he will spend big to revamp the U.S infrastructure. The same has only led to growing interests in the likes of Freeport-McMoRan, Cliffs Natural Resources Inc (NYSE:CLF) and Manitowoc Company Inc (NYSE:MTW) seen as key players in the industry.
Mr. Trump also promised to rebuild the U.S military, which he says, lags behind compared to the likes of Russia and China. With the talk, Lockheed Martin, Honeywell International Inc. (NYSE:HON) and Cae Inc (USA) (NYSE:CAE) could end up being some of the biggest beneficiaries should the president-elect stick to his word.
Stocks in the Biotechnology space, Railroad, Industrial suppliers and full Line insurance have also been rallying in the market having interpreted Trump administration as good, based on the policies on the cards.
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Just as winners have come in numbers so have the losers as investors continue to trim their investments in anticipation of a hostile environment. Trump insistence that he will kill a number of trade agreements negotiated by his predecessor has only spelled disaster for Broad line retailers as well as brewer’s stocks. The likes of Craft Brew Alliance Inc (NASDAQ:BREW), Wal-Mart Stores, Inc. (NYSE:WMT) and Amazon
Medical device stocks led by Abbott, Boston Scientific Corporation (NYSE:BSX), Baxter International Inc (NYSE:BAX) have also started to feel the effects of Trump Administration. During the campaigns, the president-elect reiterated plans to kill Obamacare, which could spell trouble for most of these companies’ revenue streams.
Renewable energy equipment makers companies are also starting to feel the pinch given Mr. Trump’s perceived stance on climate change. Focus in the recent past has slowly shifted to fossil fuel stocks
The Gold Mining industry has also been turmoil ever since Trump won the elections. The likes of Barrick Gold and Newmont Mining Corp (NYSE:NEM) continue to edge lower having become clear that the Federal Reserve will certainly increase interest rates.