President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. The investment firm identified five stocks that could see their prices rise if Trump implements his proposed tariffs: Descartes Systems Group , Kinaxis, Manhattan Associates , SPS Commerce , and WiseTech Global . The shares of all these global companies are traded in the U.S.
Kinaxis Kinaxis, which helps companies plan their supply chains using digital replicas of physical operations, could also benefit, according to Redburn Atlantic. The investment firm said the company's subscription-based revenue model provides stability even if international trade volumes decline. Manhattan Associates Manhattan Associates could benefit from increased domestic warehousing demand as companies shift production to the U.S.