Ask a Fool: Could Any Stocks Actually Benefit From a Long-Term Trade War?
I don't know that many stocks will benefit from a prolonged trade war. Higher tariffs, trade uncertainty, and hostile trade-related rhetoric are almost certain to be a generally negative catalyst for most areas of the market.
Having said that, there are some types of businesses that are in a better position than most to get through a trade war in better shape than others.
For example, a company that depends almost exclusively on domestic business (and domestic suppliers) could outperform during a long trade war. Verizon Communications, Southwest Airlines, and utility stocks like Dominion Energy are some of my favorites in this category.
Source Fool.com