If Trump Wins, Here Are 7 Concrete Business Ideas From Jim Cramer

Trump’s chances of winning the US presidency rose significantly yesterday after Joe Biden’s poor performance in the debate.

CNBC’s Jim Cramer got the right attitude today, looking at the tangible winners and losers if Trump takes office in November, especially if Republicans sweep the House and Senate. Cramer said he’s not ready to make any deals himself but wanted to offer some insights for those who think that’s what’s going to happen.

I thought it was helpful:

1. Nike Shorts and Starbucks talk about the possibility of a real trade war with China, especially if Navarro is named Secretary of State
2. The Kroger-Albertsons merger (ACI is modestly in pre-marketing) will not be blocked. Albertsons shares are trading at $19.74 now compared to the acquisition price of $34.10 per share.
3. AMZN. Efforts to break up Amazon will be shot down.
4. Apple. Apple will no longer be in the FTC’s crosshairs. (This surprises me because Apple also benefits from China.)
5. More media consolidation. I’m not entirely sure what kind of trade this might entail, but I imagine the acquirers and targets could do well, perhaps Sinclair?
6. JNJ. He made a case about rules that hurt Johnson & Johnson in connection with Purdue’s opioid lawsuit.
7. New Fortress Energy and LNG. He doesn’t seem to be the only one investing in the non-oil energy sector, which was up about 6% before trading. The United States has temporarily halted approvals for liquefied natural gas, and Trump has unequivocally said he will reverse that. He also emphasized that “unrestricted” oil production would provide some other opportunities (oil field services?). He later highlighted Cheniere Energy as the winner.

Finally, he expressed serious concern that the soft landing could be damaged if Jerome Powell was replaced.

“I’m not a politician, but I think Jay Powell is an amazing person. He’s done a great job, and it would be terrible for him to be impeached,” Cramer said.

Cramer said he’s also concerned that a group of people will say, “This is so crazy, I need to take some money off the table.”