Free Trial

3 "Made in America" Stocks to Benefit From the Trump Presidency

American concept. The US flag has a pen and a notebook with the inscription - Made in America — Photo

Key Points

  • Donald Trump’s return to the White House has pre-emptively bolstered “Made in the USA” stocks, while Chinese stocks collapsed in anticipation of more import tariffs to come.
  • The Trump administration will seek to bolster the U.S. supply chain for steel, semiconductors, and automobiles.
  • Critics argue that imposing more tariffs will end up costing U.S. consumers more for products, driving up inflation.
  • 5 stocks we like better than General Motors.

The return of the Trump administration to the White House in 2025 has caused many U.S. stocks to surge pre-emptively on positive sentiment, while Chinese stocks collapsed on fears of more trade tensions and tariffs to come. During his reelection campaign, Trump suggested imposing a 60% tariff on goods produced in China and 20% on everything else. Trump even threatened farming machinery giant Deere & Co. NYSE: DE with 200% tariffs on anything they produce in Mexico to force them to keep its production in the U.S.

As the markets try to anticipate his actions based on his previous administration’s policies, stocks that fit certain themes are already seeing the early money flow. The core theme of the Trump administration has been and will continue to be "Made in America," which focuses on bolstering U.S. manufacturing and creating jobs. Here are three stocks spread across the auto/tires/trucks, computer and technology, and basic materials sectors that are already benefiting from the Trump presidency.

General Motors: Automobiles Made in the U.S.A. and Protected By Tariffs

The country's largest car manufacturer, General Motors Inc. NYSE: GM, saw its stock surge 7% to 52-week highs after a Trump victory was called. Trump has had a firm stance on protecting U.S. automakers from foreign competition, especially cheaper foreign-made vehicles from China, which already face a 100% tariff on electric vehicle (EV) exports.

General Motors Today

General Motors stock logo
GMGM 90-day performance
General Motors
$53.51 +0.95 (+1.81%)
(As of 05:19 PM ET)
52-Week Range
$34.32
$61.24
Dividend Yield
0.90%
P/E Ratio
5.70
Price Target
$58.70

Import tariffs on vehicles and auto parts end up making non-American vehicles more expensive for consumers, creating a more favorable market for General Motors's products and its top four American brands: Chevrolet, Buick, GMC, and Cadillac.

General Motors is outperforming U.S. competitors like Ford Motor Co. NYSE: F, who are just starting to regain some footing after finally beating its Q3 EPS estimates by 2 cents. General Motors crushed its latest third quarter of 2024, reporting EPS of $2.96, beating analyst estimates by 58 cents. This marks the third consecutive quarter of 35 cents+ EPS beats. Revenues grew 10.5% YoY to $48.76 billion, crushing analyst estimates for $44.67 billion by an eye-watering $4.09 billion.

General Motors raised the lower end of its full-year 2025 EPS estimates to a range of $10.00 to $10.50, up from $9.50 to $10.50 versus $9.97 consensus estimates. Automotive free cash flow was raised to the $12.5 billion to $13.5 billion range, up from $9.5 billion to $11.5 billion.

Intel: Semiconductors Made in the U.S.A. Supported by the CHIPS Act

American semiconductor giant Intel Co. NASDAQ: INTC has been suffering for several years now as competitors like NVIDIA Co. NASDAQ: NVDA dominate the artificial intelligence (AI) chip market. While major chip makers like NVIDIA, American Micro Devices Inc. NASDAQ: AMD, Marvell Technology Inc. NASDAQ: MRVL and Broadcom Inc. NASDAQ: AVGO outsource their chip production overseas to Taiwan Semiconductor Manufacturing Co. NYSE: TSM, Intel continues to produce them in their domestic fabrication (fabs) foundries.

Intel Today

Intel Co. stock logo
INTCINTC 90-day performance
Intel
$20.40 +0.20 (+0.99%)
(As of 05:19 PM ET)
52-Week Range
$18.51
$51.28
Dividend Yield
2.45%
Price Target
$30.04

The CHIPS and Science Act of 2022 seeks to bolster the domestic semiconductor supply chain to reduce reliance on foreign suppliers for national security and economic competitiveness. It includes $52 billion in subsidies and incentives for chip makers to build and expand fabs in the U.S.

Intel was awarded up to an additional $3 billion under the CHIPS Act to construct four foundries in the United  States. This was in addition to the $8.5 billion awarded in March of 2024.

Payments are expected to start at the end of the year. Intel needs all the help it can get as it continues to struggle. The company lost 46 cents per share in its third quarter of 2024. Revenues continued to contract as they fell 6.3% YoY to $13.3 billion. Gross margin fell 27.8 points to 18%. The company is undergoing a $10 billion cost reduction plan, which includes reducing headcount by over 15% of its workforce or 15,000 jobs. However, the company did provide some upside guidance for Q4 as it expects a positive EPS of 12 cents versus 8 cents, consensus estimates, and a non-GAAP gross margin improvement of 39.5%. Shareholders are looking forward to the spin-off of its foundry business in 2025.

Nucor: Galvanizing the American-Made Steel Supply Chain  

As one of the largest domestic steel producers, Nucor Co. NYSE: NUE was a major benefactor of Trump’s previous administration policies. The imposition of 25% tariffs on imported steel was a boon to the company as it made foreign steel more expensive, reducing competition.

Nucor Today

Nucor Co. stock logo
NUENUE 90-day performance
Nucor
$117.43 +0.82 (+0.70%)
(As of 05:19 PM ET)
52-Week Range
$113.94
$203.00
Dividend Yield
1.87%
P/E Ratio
11.35
Price Target
$173.75

Critics argue that this enabled U.S. steel manufacturers to bump their prices without competition. This fanned the flames of inflation, driving up higher prices for the U.S. consumer, from construction to appliances and vehicles. While major trading partners like Mexico were able to gain exemptions, their status may face more scrutiny with the new Trump administration.

Nucor is also a direct beneficiary of domestic infrastructure spending, which has bipartisan support for rebuilding America’s infrastructure. Bridges, highways, and construction projects all bolster the demand for steel. Not all domestic steelmakers will benefit from Trump's return to the White House. The proposed acquisition of United States Steel Co. NYSE: X by Japan’s Nippon Steel Co. would almost certainly be blocked by Trump. Trump wants to ensure a 100% American supply chain for all essential goods.

Should you invest $1,000 in General Motors right now?

Before you consider General Motors, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and General Motors wasn't on the list.

While General Motors currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Jea Yu
About The Author

Jea Yu

Contributing Author

Trading Strategies

Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
General Motors (GM)
4.3872 of 5 stars
$53.51+1.8%0.90%5.70Hold$58.70
Ford Motor (F)
4.3588 of 5 stars
$10.02+1.2%5.99%11.39Reduce$11.83
Deere & Company (DE)
3.7903 of 5 stars
$432.84+0.1%1.50%16.91Hold$443.94
Intel (INTC)
4.7755 of 5 stars
$20.40+1.0%2.45%-5.48Reduce$30.04
NVIDIA (NVDA)
4.9357 of 5 stars
$140.22+0.4%0.03%55.18Moderate Buy$164.15
Advanced Micro Devices (AMD)
4.9395 of 5 stars
$126.29+1.4%N/A113.77Moderate Buy$191.96
Marvell Technology (MRVL)
4.5297 of 5 stars
$115.95+1.9%0.21%-68.21Moderate Buy$119.76
Broadcom (BRCM)N/A$54.67flat1.02%N/AN/AN/A
Taiwan Semiconductor Manufacturing (TSM)
3.4908 of 5 stars
$206.33-0.5%1.06%33.07Moderate Buy$214.00
Nucor (NUE)
4.9328 of 5 stars
$117.43+0.7%1.87%11.35Moderate Buy$173.75
United States Steel (X)
4.5064 of 5 stars
$31.97+1.9%0.63%21.03Buy$42.37
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Recent Videos

Why Energy Stocks Are Poised for Explosive Growth in 2025
From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines