GOLDMAN SACHS: Buying these 13 stocks will help you crush the market as Trump's trade war heats up

Advertisement
GOLDMAN SACHS: Buying these 13 stocks will help you crush the market as Trump's trade war heats up

traders

Getty/Scott Olson

Advertisement
  • President Donald Trump has once again upped the stakes of a global-trade showdown with China, which could put pressure on US equities - particularly stocks with high overseas exposure.
  • Goldman Sachs has identified 13 stocks that should outperform the broader market in the event that trade tensions continue to escalate.

President Donald Trump is back at it again with his tariffs on China. And if recent history is any indication, the stock market is in for a turbulent period.

But you don't have to fall victim to any future losses. Armed with the right information, you can invest in stocks that are built to stay insulated from potentially threatening geopolitical headlines.

That means identifying stocks that aren't internationally exposed, and loading up. After all, these types of protectionist behaviors from Trump have boosted the US dollar in the past, which favors more domestically focused companies.

On the flip side, escalating trade tensions hurt multinational companies, since a stronger dollar hurts exports. During times like this, it's best to steer clear of these kinds of firms.

Advertisement

It's not always easy to identify which stocks fit into these two categories - but luckily, Goldman Sachs is here to help. It maintains an index of companies who get a large percentage of their sales from the US.

Below is a list of 13 domestically dependent stocks, which should theoretically outperform in the event of a prolonged trade staredown. These stocks are listed in no particular order, as all 13 of them get 100% of their sales from within the US.

{{}}

17. Southern Co.

17. Southern Co.

Ticker: SO

Industry: Utilities

Market cap: $47 billion

% of US sales: 100%

Source: Goldman Sachs

16. Verizon Communications

16. Verizon Communications

Ticker: VZ

Industry: Telecom

Market cap: $218 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

15. Public Storage

15. Public Storage

Ticker: PSA

Industry: Real estate

Market cap: $38 billion

% of US sales: 100%

Source: Goldman Sachs

14. Nucor

14. Nucor

Ticker: NUE

Industry: Materials

Market cap: $20 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

13. AutoZone

13. AutoZone

Ticker: AZO

Industry: Consumer discretionary

Market cap: $20 billion

% of US sales: 100%

Source: Goldman Sachs

12. Charter Communications

12. Charter Communications

Ticker: CHTR

Industry: Consumer discretionary

Market cap: $73 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

11. O'Reilly Automotive

11. O'Reilly Automotive

Ticker: ORLY

Industry: Consumer discretionary

Market cap: $26 billion

% of US sales: 100%

Source: Goldman Sachs

10. Altria Group

10. Altria Group

Ticker: MO

Industry: Consumer staples

Market cap: $112 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

9. Kroger

9. Kroger

Ticker: KR

Industry: Consumer staples

Market cap: $25 billion

% of US sales: 100%

Source: Goldman Sachs

8. Pioneer Natural Resources

8. Pioneer Natural Resources

Ticker: PXD

Industry: Energy

Market cap: $31 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

7. SunTrust Banks

7. SunTrust Banks

Ticker: STI

Industry: Financials

Market cap: $34 billion

% of US sales: 100%

Source: Goldman Sachs

6. Wells Fargo

6. Wells Fargo

Ticker: WFC

Industry: Financials

Market cap: $283 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

5. Anthem

5. Anthem

Ticker: ANTM

Industry: Healthcare

Market cap: $68 billion

% of US sales: 100%

Source: Goldman Sachs

4. Cintas

4. Cintas

Ticker: CTAS

Industry: Industrials

Market cap: $22 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

3. Norfolk Southern

3. Norfolk Southern

Ticker: NSC

Industry: Industrials

Market cap: $49 billion

% of US sales: 100%

Source: Goldman Sachs

2. Paychex

2. Paychex

Ticker: PAYX

Industry: Information technology

Market cap: $25 billion

% of US sales: 100%

Source: Goldman Sachs

Advertisement

1. Intuit

1. Intuit

Ticker: INTU

Industry: Information technology

Market cap: $54 billion

% of US sales: 100%

Source: Goldman Sachs