Skyler Weinand of Regan Capital explains why some stocks may be poised to take off in the current economy.
Transcript:
SKYLER WEINAND: When you look at stocks that may benefit from tariffs, it has to be companies that are made in the USA and sold to USA customers. OK, what’s the biggest auto company that’s made and sold to USA customers? Maybe Tesla. But also even companies like a, like a Ross stores or a TJ Maxx where these companies, they have very large inventory turns. OK and so some of the products they’re getting are international, but a lot of them are, hey, we weren’t able to sell these in a Macy’s or a Bloomingdale’s. So we have leftover polo shirts, leftover gold toe socks, all this extra inventory that can quickly move into the stores and really benefit from that high end consumer trading down.
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