A handful of industrial stocks could be safe plays for investors looking to find opportunity amid the ongoing market uncertainty, particularly after President Donald Trump’s unveiling later Wednesday of what are promised as sweeping tariff plans. Trump’s unpredictable approach to foreign policy and lack of details around the tariffs have ignited concerns about a potential global trade war, heightening concern that growth will slow and inflation rise. Stocks have swung wildly in the runup to Trump’s “reciprocal tariffs” that the President has said will be placed on all countries, and which ” will be effective immediately , according to the White House. Exact details of the revamped trade policy are set be unveiled at 4 p.m. ET on Wednesday. Trump has already announced a 25% tariff on all imported vehicles and imposed higher tariffs on Chinese imports, as well as levies on some goods from Canada and Mexico. Investors looking to escape market swings tied to the tariffs can turn to several domestic companies that get most of their revenue from the United States, Bank of America recently said. The bank screened for actively-trade industrial companies that each get more than 80% of their revenue in the U.S., including Northrop Grumman and Republic Services . Take a look at these ultimate American plays: Waste collection company Republic Services’ revenue is entirely exposed to the U.S., making it a strong potential hedge. The Phoenix-based environmental service contractor recently posted strong fourth quarter results, topping its own 2024 guidance. Investors have favored the company’s steady revenue growth, sending the stock 21% higher in 2025, outperforming the broader market. Republic touched a new 52-week high only on Monday. Paychex , a payroll and human resources services provider, is another top domestic play, with 99% of revenue in the U.S. The stock has gained more than 9.5% so far in 2025 and nearly 30% over the past year. In early January, Paychex agreed to buy HR software provider Paycor for $4.1 billion. Several defense contractors, including Northrop Grumman, L3Harris Technologies and consulting firm Booz Allen Hamilton , also appeared on Bank of America’s screen. istlshipbuilder Huntington Ingalls and Leidos Holdings , which services a wide variety of industries including defense and health, also made the list of domestically-oriented companies. Huntington Ingalls and Booz Allen Hamilton each have 100% of their revenue in the U.S. Huntington is up shares are up more 7% in 2025, after slumping 26% last year, while Booz Allen has fallen about 17% this year, reacting to potential cuts to government contracts amid the Trump administration’s effort to curb spending. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles, and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
