With so much attention on tariffs and globalization, it’s not surprising that many U.S. investors are looking to retrench and give their stocks an “America First” profile. Made in America, however, does not mean what it used to mean. In fact, we all know that many “American” products are not 100 percent American made. Nevertheless, there are several stocks of U.S. companies that represent iconic brands that are either completely, or mostly, made in America.
Most importantly, each of these stocks looks to have solid growth prospects for the rest of 2019. As you look through this list, you won’t see any of the high flying tech stocks. The housing market has some definite questions surrounding it so, for now, this list does not include homebuilder stocks. What you will see is a cross-section of companies that merit consideration in your portfolio.
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- The Walt Disney Company
- Deere & Co.
- Whirlpool
- Thor Industries, Inc.
- CVS Health Corp
- The Hershey Company
- Anheuser-Busch InBev
- Harley-Davidson Inc.
- Brown-Forman Corporation
- American Outdoor Brands Corp
#1 - The Walt Disney Company (NYSE:DIS)
The Walt Disney Company (NYSE: DIS) - It may be a small world, but if you’re looking for an American company to anchor your portfolio, Disney is looking like a solid bet right now. The stock is on a tear, up over 20% since the beginning of the year. The blue-chip stock saw a particularly nice jump in June when Morgan Stanley released a bullish forecast for Disney’s new streaming service, Disney + which is set to launch in November and will be a direct competitor of Netflix. Plus, Disney has already made a deal with Comcast that gives Disney full operational control of Hulu right now even though Comcast will not sell its 33 percent stake until 2024. Disney’s bread and butter continues to be its theme parks which continue to flourish despite the company raising admission prices every year. But Disney is more than just the “Magic Kingdom”, they are a full-blown media company and have recently released the blockbuster hit, Avengers: Endgame which has generated over $2.76 billion worldwide since its June 26 launch. The only concern for Disney’s stock right now is low volume. But with the favorable rating from Morgan Stanley, it’s possible that institutional investors will start to pay attention.
About Walt Disney
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
Read More - Current Price
- $112.03
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 19 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $123.58 (10.3% Upside)
#2 - Deere & Co. (NYSE:DE)
Deere & Co. (NYSE: DE) - The parent company of the iconic John Deere brand has been caught in the roller coaster of the ongoing trade war. In the past 12 months, the stock has been trading in a broad range but has seemed to find resistance right around the $165 per share mark – which is right about where it’s at right now. The reason to consider jumping into this stock right now comes down to one-word …earnings. The company is expected to release solid second-quarter earnings that will be on both the top and bottom lines. The outlook for the full year also shows growth in revenue and earnings per share. More importantly, it appears that analysts’ recommendations for the stock have become more favorable which means it’s likely that the big money will start to flow into this stock. Should the trade war with China escalate, or even if there is a prolonged stalemate, could provide downward pressure, but for now it’s looking like a great time to own this American company.
About Deere & Company
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers.
Read More - Current Price
- $432.49
- Consensus Rating
- Hold
- Ratings Breakdown
- 9 Buy Ratings, 13 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $443.94 (2.6% Upside)
#3 - Whirlpool (NYSE:WHR)
Whirlpool (NYSE: WHR) - Whirlpool is an international company that continues to have strong roots in the United States. In 2007, the company completed a merger with Maytag Corporation that brought the iconic Maytag and Jenn-Air brands into the company’s portfolio. And the company is also the parent company for the KitchenAid brand. With their iconic stand mixer that continues to be manufactured in Ohio, the KitchenAid brand is known for its quality and reliability. The company was one of the initial losers in the initial tariff disputes as the company had to absorb higher steel costs for its popular stainless steel appliances. That being said, there is still a market for stainless steel appliances and the company has seemed to weather that storm. It has taken some hits on the international front, most notably a dryer recall in the United Kingdom. However, if properly managed, the public relations damage from that recall should be minimal. Year-over-year, the stock has been flat, but – like Deere – it has been surging since the beginning of 2019.
About Whirlpool
Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.
Read More - Current Price
- $114.51
- Consensus Rating
- Reduce
- Ratings Breakdown
- 1 Buy Ratings, 1 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $106.50 (7.0% Downside)
#4 - Thor Industries, Inc. (NYSE:THO)
Thor Industries, Inc. (NYSE: THO) - Thor Industries is the parent brand for Airstream Trailers. The company recently announced that they would be manufacturing two, entry-level models into the Airstream fleet. With the launch of the Bambi and the Caravel, the company is hoping to capture a younger market that may be new to the RV market. THO’s stock has been underperforming lately, and has declined almost 50% on a year-over-year basis. While it’s always difficult to time a market turnaround, SunTrust recently reaffirmed its “buy” rating for the stock and set a price target of $80 per share that would take the stock over 35 percent above its current value. The company came in below expectations for both earnings per share ($1.65 versus $1.66) and revenue ($2.51 billion versus $2.6 billion). What was more concerning is that the EPS was sharply down from the previous year’s reading of $2.53. Nonetheless, the company’s stock is garnering significant interest from hedge funds and institutional investors which is typically a strong indication that the stock is ready to grow.
About THOR Industries
THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.
Read More - Current Price
- $97.26
- Consensus Rating
- Hold
- Ratings Breakdown
- 3 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $112.33 (15.5% Upside)
#5 - CVS Health Corp (NYSE:CVS)
CVS Health Corp (NYSE: CVS) - Bargain hunting is a quintessentially American activity, and right now – if the fundamentals are to be believed – CVS is trading at a real bargain to its sector. Unlike other companies with a retail infrastructure, pharmacies have remained somewhat immune from online threats. This differentiation looks to continue with the roll-out of CVS health hubs which will be an in-store pilot program that will help patients manage chronic conditions with limited health services, wellness products, and personalized care. One of the concerns weighing on the minds of investors is debt related to their deal with Aetna, and also the (slim) possibility that the deal would fall through. However, the company has got its balance sheet in good shape. They’ve paid off $4 billion in debt which means they will be showing significantly less leverage on their books by 2022. The company generates significant free cash flow (FCF) that they will also be able to apply towards debt repayment. CVS also had a strong first-quarter earnings report.
About CVS Health
CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services.
Read More - Current Price
- $44.36
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 14 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $70.50 (58.9% Upside)
#6 - The Hershey Company (NYSE:HSY)
The Hershey Company (NYSE: HSY) -Hershey’s chocolate is a uniquely American experience. Despite a lot of competition in the confection space, Hershey’s remains a strong made in American brand. Hershey, Pennsylvania is – as its name suggests – a company town complete with Hershey’s kisses for lampposts. But is the company which is close to its 52-week highs (and up nearly 40% year-over-year) a sweet deal for investors? Its forward guidance suggests that it may very well be. While the company is not suggesting that it will have growth that will “break the bank”, but the company is seeking to reposition itself in the snack space. As much as we all still love our Reese’s bars and Hershey’s Chocolate (those two brands remain their top two product lines), the company is repositioning itself to include a targeted mix of savory snacks. Hershey’s has traditionally paid a solid dividend. While not in the dividend aristocrat club, the company is as solid as many of the companies in that group. The company currently pays a dividend of just over two percent.
About Hershey
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.
Read More - Current Price
- $170.26
- Consensus Rating
- Reduce
- Ratings Breakdown
- 0 Buy Ratings, 13 Hold Ratings, 6 Sell Ratings.
- Consensus Price Target
- $185.17 (8.8% Upside)
#7 - Anheuser-Busch InBev (NYSE:BUD)
Anheuser-Busch InBev (NYSE: BUD) - Anheuser-Busch InBev is a multi-national company. However, the company’s iconic Budweiser and Bud Light brands are brewed and bottled in St. Louis, Missouri and will continue to be for the considerable future. The Budweiser Clydesdales are about as synonymous with a brand as you can get. And let’s face it, when one of your signature brands, Bud Light, is the official beer of the National Football League, you have a reason to invest. However, what should get investors excited is the company’s IPO in Hong Kong which is projected to be the largest IPO of the year. The company is estimating it will earn nearly $10 billion when it lists is Budweiser Brewing Company APAC on the Hong Kong exchange. The company will likely use this added revenue to pay down debt that it has been accumulating due to a series of recent acquisitions. The company’s stock is up nearly 30 percent since January, although it is still about 15 percent shy of its 52-week high.
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
Read More - Current Price
- $50.21
- Consensus Rating
- Buy
- Ratings Breakdown
- 6 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $79.00 (57.3% Upside)
#8 - Harley-Davidson Inc. (NYSE:HOG)
Harley-Davidson Inc. (NYSE: HOG) - Another great American company and brand is Harley-Davidson. The company’s stock has been trading in a tight range and is still trading below its 52-week high. The stock has been trading in a tight range since the beginning of the year. After a brief pop near its 52-week high in mid-April, the stock has gone back to January levels. However, the company is reporting good fundamentals and this appears to be a case of investors taking profits. While this can be a minor blip on the radar, it also suggests that the company isn’t wowing investors. Still, the company beat on both the top line and bottom-line numbers in their most recent earnings report and analysts are showing a price target of $41.69 which would be an over 15% increase from current levels. Plus, the stock pays a dividend that is currently over four percent, which is reason enough to latch on to the stock
About Harley-Davidson
Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.
Read More - Current Price
- $30.75
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 4 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $42.57 (38.4% Upside)
#9 - Brown-Forman Corporation (NYSE:BF.A)
Brown-Forman Corporation (NYSE: BF.A) - The Louisville, Kentucky distiller Brown-Forman Corporation makes the list for being the parent company of the Jack Daniels whiskey brand. The stock is currently approaching its 52-week high and if analysts’ recommendations are to be believed, all systems are go for the stock to continue their advance. All twelve analysts who review the stock gave it a buy rating and the consensus estimate is a “strong-buy”. In June of 2018, the company announced that it had increased shipments to select overseas markets to manage the potential risk of retaliatory tariffs from Mexico. Despite those threats, the company reported fourth-quarter earnings that were up 4.7 percent. This was complemented by a 17 percent increase in net income which the company cited, in part, due to increased efficiency and productivity measures. In response to the ongoing tariffs, the company has announced that they have absorbed some, but not all of the tariff expenses. If the tariffs remain in place, it is fair to ask if the stock will be hurt as more and more of the expenses would be passed along to consumers. However, for now, the company seems to be striking a balance that appeals to investors.
About Brown-Forman
Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs.
Read More - Current Price
- $40.44
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
#10 - American Outdoor Brands Corp (NASDAQ:SWBI)
American Outdoor Brands Corp (NASDAQ: AOBC) - AOBC is the parent company of another American brand, Smith & Wesson. In fact, until 2016 the company was named Smith & Wesson Holding Corporation. While a handgun stock may be a non-starter for many investors, the stock is worth mentioning. The stock is currently trading near it's 52-week low and is down over 28 percent in 2019. However, analysts are continuing to give the stock a hold rating and have a consensus price target that would bring it right into the middle of its 52-week range at around $13 per share. The question surrounding the stock as we move towards the end of the year is have we seen the bottom for a struggling industry? There are arguments to be made each way and, so far aggressive bundling and promotions have allowed the company to meet expectations, albeit with a bar that is set low. AOBC will be one of the stocks to watch the most as the 2020 elections approach.
About Smith & Wesson Brands
Smith & Wesson Brands, Inc designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands.
Read More - Current Price
- $10.04
- Consensus Rating
- Hold
- Ratings Breakdown
- 0 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $13.00 (29.5% Upside)
The United States economy is chugging along. The one potential spoiler is China. As the U.S. and China continue their trade war, there are some investors who are looking to adjust their portfolio to focus on companies that have an American focus. This isn’t always the easiest of tasks. Many of America’s biggest companies generate a significant amount of revenue overseas. However, there are many companies that are building and distributing iconic brand names in the United States. These companies can truly sport “Made in America” brands. We’ve tried to present a look at different sectors and companies that present different opportunities. As always we urge you to do your own research before deciding if any of these stocks make sense for your portfolio. If you’re looking for a resource that can give you a one-stop location for the latest news on these and other companies, including analysts’ recommendations, insider buying and the day’s top gainers and losers, consider a subscription to MarketBeat Daily Premium.
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