At the end of 2016 we put together a list of stocks that stood to benefit the most from the new “Trump Economy.” With the first half of the year coming to an end next week, our list of stocks is performing nearly exactly in-line with the S&P 500 on a year-to-date basis. We didn’t construct this list as a “Buy” portfolio, but rather as a way for clients to generate ideas based on which of Trump’s proposals they thought had the best chance of actually getting done.
Of the stocks in the Trump Portfolio, it’s the Technology stocks that have done the best this year — AAPL, CHKP, GOOGL, TWTR, and V. Other big winners have been Tesla (TSLA), McDonald’s (MCD), Anthem (ANTM), Elbit Systems (ESLT), Cemex (CX), SQM de Chile (SQM), CyrusOne (CONE), and the Geo Group (GEO). Health Care stocks like HCA, Ligand (LGND), and Zoetis (ZTS) have all done well too.
The biggest losers have been names like the Andersons (ANDE), Cal-Maine (CALM), Chesapeake (CHK), Diamondback (FANG), Endo (ENDP), Granite Construction (GVA), and Freeport (FCX).
We’ll check back in to see how performance looks at the end of the third quarter in September.