Top 3 Trump Trades for 2024

WARNING: This is NOT a prediction or endorsement. It’s simply a look at how stocks are trading based upon what’s happening with the election.

Today I’m going to share 3 investments that are outperforming due to optimism related to President Trump.

Polling shows that President Trump is leading by +3 points in key swing states including Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin.

President Biden won all of these states in 2020.

Right now, investments linked to 45th President are also rising. This suggests that financial markets are predicting a Trump win in November.

#1. Trump Media & Technology (NASDAQ: DJT)

This is Trump’s social media company that operates Truth Social. The company is valued at $6.6 billion. President Trump owns 65% of the stock – making this his biggest investment.

Shares closed at around $31 on July 12. The stock jumped to the mid-$40s on Monday after the failed assassination attempt.

Shares of DJT trade like a barometer for President Trump. When Trump appears to be doing well the stock rallies. If Trump wins the stock should continue to rise.

#2. Oppenheimer AI Project Stocks

President Trump understands that Artificial Intelligence is causing huge demand for energy. Even before AI became a big deal…

Trump was backing this new source of clean energy. His administration invested $1.35 billion in this new technology.

Plus, in the final days of his first term he signed Executive Order #3727-3731.

It aimed to promote Its goal was to promote the Oppenheimer Project for national defense and space exploration.

#3. Bitcoin

Bitcoin has been rallying since July 12 as well. The iShares Bitcoin Trust (IBIT) jump 15% in the last week.

Trump is viewed as being more positive for Bitcoin and crypto than President Biden. Plus, his VP candidate J.D. Vance is a former venture capitalist and owns Bitcoin.

That may be one reason that well known Silicon Valley investors including Elon Musk, Marc Andreesen, and the Winklevoss twins are endorsing Trump.

Ian Wyatt

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