Policy stances from the incoming Trump administration, bullish quarterly earnings and an “Elon Musk premium” led to lofty stock returns, experts…
That's largely due to a combination of likely policy stances from the incoming Trump administration and positive quarterly earnings reports, experts said.
President-elect Donald Trump will likely back deregulation and adopt a less stringent stance on mergers and acquisitions, experts said.saw returns of 18% or more since Election Day, according to data provided by S&P Global Market Intelligence, which analyzed returns based on closing prices from Nov. 5 to Nov. 20.), the electric-vehicle maker led by Elon Musk, an advisor to President-elect Donald Trump — saw their stocks gain more than 35%, according to S&P Global Market Intelligence.
Investors should understand what's driving the movement and whether the factors pushing up a stock price are sustainable, Goldberg said.Lofty stock returns were partly driven by Trump administration policy stances expected to benefit certain companies and industries, investment experts said. Deregulation and a softer view toward mergers and acquisitions are two"key" themes driving bullish sentiment after Trump's win, said Jacob Manoukian, head of U.S. investment strategy at J.P. Morgan Private Bank.) — among the biggest U.S. natural gas producers — saw its stock surge 24% from Nov. 5 to Nov. 20, according to S&P Global Market Intelligence.Additionally, U.S.
Tesla's stock got an"Elon Musk premium" from Trump's victory, said Goldberg of Professional Advisory Services.President-elect Donald Trump and Elon Musk talk ring side during the UFC 309 event at Madison Square Garden on Nov. 16, 2024 in New York.
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