The market is having knee-jerk reactions to Trump's picks. That could spell buying opportunities

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Government And Politics Notícia

First Solar Inc,Abbvie Inc,Donald Trump

Big swaths of the market have pulled back since the Nov. 5 election.

Now is the time to take a breath and identify bargains, as investors weigh the risks tied to a host of President-elect Donald Trump's picks for top jobs across his Cabinet and administration. Vaccine makers and processed food companies suffered after Robert F. Kennedy Jr., a prominent vaccine skeptic, was tapped to lead the Department of Health and Human Services. Solar stocks tumbled, as did China stocks.

" Similarly, Luke O'Neill, portfolio manager at Catalyst Dynamic Alpha Fund, said the "major knee-jerk reaction" following each Cabinet or White House staff pick will eventually wear off, at which point, "it still comes back to what companies are doing, companies are seeing positive change in their businesses." Here are some stocks that have pulled back since the election.

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