Trump's trade policies causing market decline; Tesla and Shopify recommended for long-term growth

From Nasdaq: 2025-03-13 04:02:00

President Donald Trump’s trade policies have caused concern in the stock market, with tariffs imposed on goods from countries like China, Canada, and Mexico. Recession fears have led to a 9% decline in the S&P 500 and a 13% drop in the Nasdaq Composite.

Investors are advised to remain patient during the current market downturn as history shows recoveries for the S&P 500 and Nasdaq Composite after declines. Tesla and Shopify are highlighted as stocks worth buying and holding long-term due to potential catalysts.

Tesla faces challenges with declining deliveries and profits, but potential catalysts like autonomous ride-sharing and robotics products could boost earnings growth. Shopify reported mixed results but is positioned to benefit from the expanding e-commerce market and its leadership in digital commerce software.

Analysts predict Tesla and Shopify’s adjusted earnings to grow annually, making their current valuations seem expensive. However, both companies have strong market positions and growth opportunities, making them attractive investments. A “Double Down” stock recommendation is issued for three companies with high growth potential.



Read more at Nasdaq: Trump Tariffs: 2 Brilliant Stocks to Buy Now and Hold Forever