Wolfe Research is laying out some potential stock winners if former president Donald Trump wins the White House and Republicans sweep both houses of Congress in November. The basket of stocks from the investment firm – which includes a list of longs and shorts – comes on the heels of the first presidential debate between the former president and President Joe Biden, and what was widely viewed as a poor performance from the incumbent. Here are some of the stocks that could benefit from what Wolfe called “a GOP Trifecta” in the fall: Trump Media & Technology Group is one name that could win big from a Trump sweep. The parent company of the TruthSocial app, in which the former president holds a majority stake, has been on a volatile ride since the debate. Shares slumped 11% Friday but added 1%. Monday. Coinbase is another potential winner from a Trump victory. Shares of the cryptocurrency exchange have rallied more than 34% this year alongside the rise in crypto prices and the approval of a bitcoin ETF. Among other financial stocks, Wolfe Research also highlighted Charles Schwab . Healthcare stocks could also see upside under the Wolfe scenario, including UnitedHealthcare . Shares of the Medicare Advantage stock rose after the debate , with RBC Capital Markets analyst Ben Hendrix noting that “a second Trump term would ease regulatory and reimbursement headwinds weighing on the managed care stocks.” Wolfe also revealed a list of short ideas that would result from a Trump win and a GOP victory in Congress, including electric vehicle maker Tesla and SolarEdge Technologies . SolarEdge shares have already tanked more than 74% this year. Wolfe also highlighted 3M , Halliburton , Dow and Sempra on a lengthy list of stocks that should benefit from a Trump win.
