Here’s a rapid-fire update on all the stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. During the November Monthly Meeting on Thursday, Jim looked at how Donald Trump’s return to the White House could impact each company — good, bad or not much at all. Apple : If U.S.-China tensions rise over President-elect Trump’s proposed tariffs, it will create an overhang for the tech stock. Investors need clarity around these trade talks. China is Apple’s second-largest market and the company has seen a slowdown in iPhone demand in the region. While Apple’s expansion into emerging markets like India may offset that weakness eventually, it will take time to materialize. Abbott Laboratories : The fate of Abbott Labs’ legal fight involving its premature infant formula improved greatly after securing a big win in Missouri state court on Nov. 1 . Trump’s return to the White House improves it further, and it could make the lawyers in outstanding cases versus the company more likely to settle. Once the dark legal cloud is gone, the stock will be free to go much higher. Advanced Micro Devices : The chipmaker could be in the crosshairs of Trump’s tougher stance on China. As the Biden administration’s export controls on AI chips reminded us, semiconductors are geopolitical tools. It’s not clear how much AMD would suffer if there were more restrictions from Trump or the Chinese, but it’s one reason why the stock has struggled lately. As an aside, AMD’s layoffs were tough but necessary as part of its sharper focus on AI. Amazon : The e-commerce giant is an ironic beneficiary of incoming administration, given it drew so much criticism from Trump during his first term. This time around, Trump’s tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. It’s worth noting, Amazon on Wednesday debuted a discount storefront of its own. Broadcom : The semiconductor and software firm is in a good spot if Trump brings about a friendlier M & A environment, as many expect, given that CEO Hock Tan is a serial dealmaker with a strong track record of success. Its most recent sizable deal, the blockbuster acquisition of VMWare, closed roughly a year ago, which is practically lifetime for Tan. Best Buy : Our recent trim of Best Buy wasn’t due to its tariff risk — it was about locking in profits to give us room to buy more in case of disappointing sales ahead. But now that Trump won, tariffs are a more significant concern for investors. We’ll also see what the company says at its upcoming earnings report on the holiday shopping season. Don’t lose sight of its 4% dividend yield. BlackRock : Don’t be deterred by this stock’s roughly $1,000 share price, Jim said. Yes, it’s pricier than fellow financial Club holdings Morgan Stanley and Wells Fargo. But remember buying fractional shares of BlackRock are an option. With a 2% annual dividend yield and a consistent growth model, the stock actually isn’t that expensive. And if asset values go up under Trump, that’s good news for BlackRock, the world’s largest asset manager. Costco : Tariff risk is a question for all retailers, but Costco is a relative winner because of its membership model and its emphasis on volume, not price. Costco makes money from membership dues and passes on pretty much everything that it can to the customer. Salesforce : Not a Trump stock, but it wasn’t a Kamala Harris stock either. The most important thing for Salesforce is Agentforce, its new suite of chatbot tools to help salespeople and customer service agents. The stock has been red hot ever since Agentforce was debuted at the company’s big Dreamforce conference in September. CrowdStrike : This stock is a buy on the next dip, according to Jim. The cybersecurity company is a beneficiary of increased geopolitical conflict under another Trump presidency. This means more cyber terrorism, increasing demand for CrowdStrike’s offerings. Plus, shares are still catching up from a brutal sell-off in July. Coterra Energy: Jim labeled this is our best stock for Trump’s policies and temperament. Trump will very likely reverse Biden’s restrictions on liquified natural gas export terminals while providing that industry easier permits and more clarity in general. That’s great news for Coterra. Its two bolt-on acquisitions announced Wednesday were smart and adds to our conviction in holding on. DuPont : Another beneficiary of an easier M & A climate. There’s been speculation about DuPont outright selling its attractive water business , instead of going through with a traditional spin-off. Reservations that DuPont may have had about doing so under Biden are likely gone now. Danaher : China has remained a thorn in the company’s side, even as its bioprocessing business in other parts of the world is in the midst of a turnaround. We thought that challenge was priced into the stock, but the market’s reaction to its earnings report in late October says otherwise. We need to see tangible signs that announced stimulus measures in China are leading to orders. Potentially heightened U.S.-China tensions are something to watch here. Disney : The entertainment giant posted better-than-expected quarterly earnings Thursday and issued upbeat earnings guidance for the next three fiscal years, which Jim said suggests
