With the election just months away, it’s a good idea to start adding “Trump Trades” to your portfolio. That includes some of the top metals stocks to buy if Trump wins.
In fact, you may want to add metals to your portfolio–especially those that did well when Trump was first elected in 2016.
At the time, that included infrastructure stocks such as Nucor and AK Steel Holding, which took off. Copper stocks, like Freeport-McMoRan even ran from about $12 to $18.
Even steel stocks took off at the time, as they are again.
This time, with former President Trump nearing a potential second term, steel stocks are racing higher on a potential 10% tariff on all imports. His hope, according to Barron’s, is that the tariffs would boost domestic industries and bring in more revenue for the federal government.
Nucor (SYM: NUE), for example, just bounced from about $150 to $166 on the news. Steel Dynamics (SYM: STLD) popped. From about $122.50 to $132.67. U.S Steel (SYM: X) ran from about $35 to $38.20. Even Cleveland Cliffs (SYM: CLF) ran from about $14.50 to $15.93 over the last few days.
Love him or hate him, the odds of a second Trump term are becoming stronger.
And should he win, investors should we well-positioned.
Keep reading – Millionaire investor and Republican donor makes surprising election prediction
For over 40 years, Louis Navellier has made a career out of spotting the most promising tech stocks…
Long before anyone else.
Like Apple at just $1.49…
It’s up an incredible 31,000% since.
Or Microsoft at $0.39…
It’s up 15,483% since.
He was on top of Nvidia way back in 2019, long before it became a stock market darling.
And he’s booked a 2,011% return.
Now, Louis says a second boom is coming for AI stocks…
By November’s election, or even sooner.
And he has six specific AI stocks in his crosshairs.