What Will Trump Buy Next? Hunt Is On for White House Stock Picks
Adam Giddens used to mainly rely on screening services and social-media buzz when looking for stocks to buy. Lately, though, he’s turned his attention to a different kind of influencer: Donald Trump.
As the president’s administration breaks with precedent to take more and more ownership stakes in public companies on behalf of the US, traders like Giddens are trying to think like Trump to find the next targets. After all, the stocks tend to see massive gains following word that the US was taking a stake.