The Top Stocks to Buy Now if Trump Wins

Jeff Siegel

Written By Jeff Siegel

Posted October 11, 2024

The top stocks to buy now if Trump wins aren’t hard to find.

Top Stocks to Buy Now

And while I don’t know who’s going to win this next election, I do know which stocks will benefit depending upon the winner.

To be sure, this article is not designed to persuade you one way or the other. As a libertarian, I don’t have a dog in this fight. But that doesn’t mean I won’t gear up to capitalize on any opportunities spawned by this next election.

3 Top Stocks to Buy Now if Trump Wins

If Trump wins, one stock you can definitely count on to soar is Trump Media & Technology Group (NASDAQ: DJT).

I’ve written about DJT before, noting that the stock only exists as an opportunity because of Trump. And not as the guy in charge of strategy, but instead, merely the figurehead.

Just looking at the history of DJT, there are a number of red flags, including…

  1. DJT overpays management. Last year, the company did $4 million in revenues. About 40% of those revenues equate to what the company pays to its executives — around $1.7 million. This, at a company that in 2023 posted a net loss of $58.2 million. How one justifies paying nearly $2 million in executive compensation for a company that generates $4 million in revenue while losing nearly $60 million is beyond me.
  2. There is no evidence to indicate that the company is investing much, if anything, in R&D. In the social media game, if you’re not innovating, you’re dying.
  3. Limited user growth. For the most part, it’s just Trump loyalists that spend time on Truth Social. And while they are a loyal bunch, there are only so many of them willing to spend time on the site and help the company generate revenue. With little to no possibility of steady increases in new users, Truth Social really has no justifiable long-term profit potential.

Of course, none of this matters if Trump wins the election. A Trump win will not only reinvigorate his base, but it will let Wall Street know that the Trump name will have significant value again. And that would be enough to give DJT a major shot of steroids. If Trump wins, I predict DJT doubles in value within two trading days.

Another stock that’ll get a major jolt is Tesla (NASDAQ: TSLA).

It’s actually kind of ironic, as Trump has long been highly critical of EVs. But that started to change after Uncle Elon started throwing some of his weight behind the Trump campaign.

Now, Trump’s talking about hiring Musk to head a new Office of Government Efficiency, which would conduct a financial and performance audit of the federal government. If Musk were to come on to help Trump figure out how to get America’s fiscal house back in order, I suspect he’d be pretty good at it.

But here’s the thing…

The Biden administration has never shown much love for Elon Musk or Tesla. Which is ironic when you consider that one of Biden’s biggest goals was to get us all in EVs. Shunning the biggest player in the EV game was beyond stupid. Now, one of the most influential entrepreneurs in the world is championing the Democrats’ number one enemy.

But I digress. The point is simple. If Trump wins, you know he’s going to give Musk special treatment when it comes to everything from SpaceX to Neuralink to Tesla.

I suspect Tesla will land a lot of very lucrative contracts and special deals from the Trump administration if one does come to fruition. Of course, it doesn’t hurt that Tesla already remains a force in the world of EVs, robotics, and AI.

While I don’t know where Tesla will be trading by the time November 5th rolls around, I do know a Trump win would absolutely support a run on the stock, taking it back up over $300 a share.

Then consider “Uber Air.”

This is a newly deployed flying machine, piloted by a drone operator on the ground, and used to carry soldiers, mechanics, and cargo across 470 square miles.

Uber Air is a critical part of a high-tech military program called Agility Prime. Agility Prime is a cutting-edge Air Force project that saw early development under the Trump administration, and officially launched shortly after Trump left office.

According to insiders, this is a project that Trump is incredibly bullish on. And of course, we expect the company behind it to get massive support if Trump is re-elected.

That company, by the way, is already expected to grow revenues by as much as 5,900%. And that’s with or without a Trump win. But our checks indicate that a Trump win could take this $6 stock to the moon. Which is why I’m including our latest white paper on this “Uber Air” stock here.

To a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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