Buy these cheap stocks with high cash levels as new Trump tariffs loom, UBS says

President-elect Donald Trump's tariff plans could weigh on the broader stock market, but some attractively valued names with strong cash levels could withstand the pressure, according to UBS. "U.S. equities have rallied with renewed momentum into and since the elections on expectations that a Trump presidency will see through large corporate tax cuts and company-friendly deregulation," analyst Michel Lerner said to clients Thursday.

These stocks also have dividend yields of more than 2%, offering a hedge to investors. Below are some stocks that made UBS' screen. Payroll processing company Paychex turned up on UBS' list. Shares are having a relatively strong year, up roughly 21% in 2024. The stock has a dividend yield of 2.7%. Bank of America recently highlighted Paychex in a report, noting that lower tax rates on corporations would be a "tailwind" for the stock.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Trump trades: Using the 2016 Trump rally stocks as a playbook for what to buy nowCNBC analyzed what did well after the 2016 presidential election, searching for hints of what could be coming.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Position defensively in China stocks amid stimulus watch, Trump jitters- UBSPosition defensively in China stocks amid stimulus watch, Trump jitters- UBS
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »