With Donald Trump taking office in January, investors may want to jump into stocks that exploded higher the last time he took office.
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Company: Nvidia (SYM: NVDA) That includes tech giants like Nvidia (SYM: NVDA). Between November 2016 and November 2020, NVDA ran from about $1.70, adjusted with stock splits to $13.07. Today, it’s up to $148.88 and we still believe it could rally even higher over the next four years. All thanks to artificial intelligence, data centers and chip demand. Helping, NVDA is once again being billed as the world’s most valuable company with a current market cap of $3.65 trillion. That’s ahead of Apple’s $3.43 trillion, by the way. Plus, NVDA just joined the Dow Jones Industrial Average, giving Intel the boot. Even better, analysts at Evercore ISI recently raised their price target on NVDA to $150 from $145 with an outperform rating. |
InvestorPlace
Why Trump’s Victory Could Fuel the Next AI Surge
Louis Navellier, tech investor and market veteran, believes Trump’s return will drive a second AI boom.
Get the top six stocks he recommends before they skyrocket.
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Company: Advanced Micro Devices (SYM: AMD) Much like NVDA, Advanced Micro Devices is also benefiting from the surging demand for AI, data centers and chips. In fact, according to Wedbush analyst Dan Ives, the Trump Administration to focus on strengthening the U.S. position in artificial intelligence. “We would expect significant AI initiatives from the Beltway within the U.S. that would be a benefit for Microsoft, Amazon, Google, and other tech players,” Ives said, as quoted by Investors.com. “Under a Trump Administration we would expect major AI initiatives within the U.S. government including the Department of Defense that would also be a major tailwind (for) AI players.” Between November 2016 and November 2020, AMD ran from about $7 to about $80. |
Oxford Club
Most profitable less than $5 stock in the world?
This virtually unknown stock trades under a secret name, and it brings in more cash than IBM, Facebook and Tesla.
And yet, while IBM trades for $120, Facebook for $350 and Tesla for more than $1,100…
This other company trades for just under $5.
Find out why in this “leaked” footage from a former Wall Street money manager.
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Company: Steel Dynamics (SYM: STLD) Even infrastructure stocks, like Steel Dynamics exploded higher over that same time frame, soaring from about $24 to about $33. All thanks to trade tariffs, tax cuts and hopes for an infrastructure boom. Remember, in 2018, Trump imposed a 25% tariff on imported steel and 10% on aluminum. We could see something similar in this term, too. |
