Here are 25 stocks that will benefit most from Trump cutting taxes President Donald Trump said on Thursday he will announce details of his tax plan in the next two to three weeks. Wall Street strategists and company analysts have already been hard at work giving clients ways to play this big moment for the markets. Just a few weeks ago Goldman Sachs strategist David Kostin shared a basket of stocks with the highest effective tax rates that he believes will benefit the most from the lowering of the corporate tax rate. Here are seven stocks the firm recommended in its "high tax rate" basket. In similar fashion, JPMorgan agreed with the same thesis of buying companies with high tax rates. "Companies with high effective tax rates and high domestic revenue exposure will disproportionately benefit from a reduction in tax rates," U.S. equity strategist Dubravko Lakos-Bujas wrote in a note to clients. Here are 10 names the JPMorgan strategist highlighted with the highest tax rates. Strategas Research Partners focused on a different area of tax policy. The firm told clients to buy stocks that will benefit from his likely plan to allow multinationals to bring foreign profits back into the country at a reduced tax rate. "We have been surprised that our repatriation basket has not outperformed post-election since this tax change has the highest probability of being enacted," Dan Clifton wrote. For investors who want to trade the repatriation tax holiday being implemented, here are five companies in the firm's repatriation basket.
not a good after hours earning performance, wow, many companies got hammered. atvi seems to be the clear cut winner after hours, i was thinking of playing it, but i had just played TWLO and i dont like to over trade, i try to limit myself per week.
Good morning traders! Happy Friday! Here are your pre-market stock movers & news on this Friday morning- 2/10 Friday Market Movers & News: EXPE, P, SHLD, INTC, YELP, ATVI, NVDA, DIS, BX, TSLA, NWSA <-- Click there to view! Here's to a happy trading day to everyone in here on this final trading day of the week.
FCX bounced right off the 50 day yesterday, but i missed the play because i was focused on selling my TWLO and buying more AMD.
It seems like this whole quarter has been poor. I know I heard ~60% of estimates have been beat, but even that is often closer to 70%. And the reactions haven't been bullish.
Market still at record highs though 60% beat rate is pretty lousy though, but I guess the market won't care for now with the hopes of tax cuts and deregulation coming
