2 Trump-Proof Stocks That Are Long-Term Buys
How will the economic policies of the Trump administration -- centered around tariffs, trade wars, and vast government spending cuts -- play out? That's anyone's guess. The only thing that's not uncertain is that economic uncertainty is poison for most businesses. The unpredictability surrounding tariffs, an unknown impact of government spending cuts as they ripple through the economy, and the effects of an aggressive immigration policy could potentially lead to an economic downturn.
While there are no truly safe stocks, some companies are poised to perform better than others during and after periods of economic uncertainty. For investors worried about the Trump economy, International Business Machines (NYSE: IBM) and Berkshire Hathaway (NYSE: BRK.B) are great long-term bets.
Very few companies would be completely untouched by an escalating trade war and a potential recession. IBM will likely feel some pain as businesses pull back on IT spending in the face of growing uncertainty. However, demand could increase for tech projects that have a clear return on investment for clients in terms of cutting costs and boosting productivity.
Source Fool.com
International Business Machines Corp Stock
The stock is one of the favorites of our community with 33 Buy predictions and 4 Sell predictions.
With a target price of 268 € there is a positive potential of 31.5% for International Business Machines Corp compared to the current price of 203.8 €.
