Trump Economy: 2 Stocks Set to Prosper (AMZN, HD) [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Appealing to people's most basic needs such as their personal finances has clearly been a winning strategy, and if the results can be delivered, Trump will likely remain popular with those who voted for him. Although it is early days, and we can't know exactly what policies will be passed by Trump, it is likely that we will see some sort of tax cuts for corporations and individuals as well as an easing of business regulations. These were strategies he implemented in his previous term with notable impact, and he's likely to apply them again. What this means is that the average American citizen is going to have a few extra dollars in their pocket at the end of every month. That money will either get invested into the stock market or get spent on discretionary purchases. Two of the market's leading consumer discretionary businesses are Amazon AMZN ) and Home Depot HD ), and not only are they set to benefit from this new theme, but they also boast top Zacks Ranks and strong growth for
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/8/24 - Form 4
- AMZN's page on the SEC website