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 l.