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Donald Trump wins the US election: These are the stocks you should keep an eye on

Through the Re-election of Donald Trump investors around the world have increasingly entered into the so-called "Trump trade". But which sectors and which shares have benefited greatly so far and what are the reasons for this? Find out all the background information and insights into exciting sectors below.

The most important facts in brief:

  • Investors focus on deregulation due to Donald Trump's re-election
  • Banking, oil and gas companies, construction, healthcare and cryto industries could benefit
  • "America First" strategy should promote domestic industry
  • Crypto industry breathes a sigh of relief and hopes for laxer rules and the introduction of strategic Bitcoin state reserves

Bank shares: J.P. Morgan, Goldman Sachs and Bank of America as beneficiaries of Trump's policies

Bank shares could benefit from Donald Trump's policy measures, which are primarily based on a relaxation of financial market regulation and an increase in mergers and acquisitions (M&A). Banks often offer advisory services for such transactions.

The prospect of higher interest rates could act as a further positive influencing factor, meaning that commercial banks could traditionally benefit from the granting of loans. However, it remains to be seen whether the new Trump administration will be persuaded to raise interest rates.

It is possible that the US Federal Reserve (Fed) could continue its recent cycle of interest rate cuts in 2025.

The prospect of higher national debt is also likely to have an impact on the financial sector. The current debt level of the United States is currently around 36.09 trillion dollars.

For example, the major US banks J.P. Morgan, Goldman Sachs and Bank of America could become more attractive as a result of the above-mentioned prospects.

Energy sector: Oil and gas companies: Focus on fossil fuel extraction

US-American Oil and gas companies hope that the Trump policy will have a positive impact. For example, the promotion of fossil fuels could be encouraged.

Also in the Energy sector Trump wants to focus on deregulation and thus repeal or relax environmental regulations, which should increase the activities of energy companies.

The expected trade policy, such as the introduction of punitive tariffs on imports, is also likely to exacerbate uncertainty on the global markets.

Trump has proposed Chris Wright, the CEO of the oil and gas industry, who is likely to focus on fossil fuels, for the post of Energy Secretary. In his opinion, there is also no "climate crisis".

"As Secretary of Energy, Chris will provide important leadership, drive innovation, reduce bureaucracy and usher in a new 'Golden Age of American Prosperity and World Peace'," said Donald Trump.

Pharmaceutical industry: deregulation as a glimmer of hope for the healthcare sector

The pharmaceutical industry is also likely to be influenced by the future government under the leadership of Donald Trump. As in the financial sector, there could also be more mergers and acquisitions (M&A) in the healthcare industry.

Trump had already tried to reduce the price of medicines during his first term of office. Under President Joe Biden, the introduction of the so-called "Inflation Reduction Act" (IRA) made it possible to negotiate new prices in order to reduce costs. It is possible that Trump could revoke this act, as it is seen as an obstacle to research and development.

Less regulation could also accelerate the development of new drugs, with the risk of relaxing safety standards too much.

Robert F. Kennedy Jr. is to become Secretary of Health and Human Services in the new government, as Donald Trump announced on X and Truth Social.

Crypto stocks soar on prospect of a crypto-friendly Washington

Donald Trump has given the Crypto industry promised to make the USA the "crypto capital" of the world. The 78-year-old also announced during his election campaign at a Bitcoin conference in Nashville (Tennessee) that he wanted to deregulate the industry and make electricity for Bitcoin mining significantly cheaper.

Robert F. Kennedy Jr. said that Trump was planning to create so-called strategic Bitcoin reserves. On his first day in office, Trump promised to dismiss Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), who had been criticized for his position. The fact that Gensler announced his resignation just a few weeks after the US election is likely to come in handy for the US President-elect. Paul Atkins, who is considered to be extremely crypto-friendly, is to take up the new post.

All rules and decisions under the leadership of Gary Gensler are likely to be put through their paces again by Atkins, so that the regulatory belt could be significantly loosened in the future. 

Shares in the US crypto exchange Coinbase have already benefited from the prospect of Donald Trump's victory in the US presidential election. If Trump actually puts his promises into practice and significantly deregulates the crypto industry, for example, crypto-specific innovations are likely to be promoted in this context, which should tend to benefit Coinbase shares, for example. Last but not least, an increase in demand for crypto assets such as Bitcoin should also benefit the US company, as Coinbase mainly generates its income through buying and selling fees.

An astronaut floats in space next to ad text promoting stock trading features such as global exchanges, short selling and fractional shares. A yellow button reads "Open an account".

MicroStrategy share: US company is one of the largest Bitcoin holders in the world

MicroStrategy now holds around 279,420 BTC, making the company one of the largest institutional holders of BTC around the globe. Under the leadership of Michael Saylor, the internationally active software manufacturer could continue to gradually expand its Bitcoin holdings in the future. In this context, the company's value is likely to be heavily dependent on the performance of Bitcoin.

Trump Media and Technology Group share: Donald Trump could push commitments in the crypto sector

Donald Trump could further expand his involvement in the crypto industry. According to speculation, the Trump Media and Technology Group, in which Trump holds a stake of around 53%, is planning to take over the crypto exchange Bakkt. After the rumor became public in November 2024, Bakkt's share price climbed by over 160% in the meantime.

The Intercontinental Exchange (ICE), which acts as the parent company of the New York Stock Exchange (NYSE), is the founder of Bakkt. The exchange itself promises investors a strangely simple entry into the crypto world.

Stocks that could benefit under Donald Trump

Donald Trump's influence could have an impact on a wide range of sectors such as construction, energy and pharmaceuticals.

ShareIndustryISIN
CaterpillarConstructionUS1491231015
Vulcan MaterialsConstructionUS9291601097
ExxonMobilEnergyUS30231G1022
ChevronEnergyUS1667641005
PfizerPharmaceuticalsUS1667641005
Johnson & JohnsonPharmaceuticalsUS4781601046
CoinbaseCryptoUS19260Q1076
MicroStrategyCryptoUS5949724083
Trump Media Technology Media and technologyUS25400Q1058
J.P. MorganBanksUS46625H1005
Goldman SachsBanksUS38141G1040
Bank of AmericaBanksUS0605051046

Source: Own representation

Summary: Deregulation in all sectors tips the scales

The future US administration under President Donald Trump has the potential to reshuffle the cards in all sectors. The banking, construction, energy, pharmaceutical and crypto sectors in particular could undergo major changes. In particular, the prospect of deregulation stands out time and again, which sounds promising at first glance.

Investors should keep asking themselves how far theory and practice diverge and whether Trump will or can actually implement his promises at the end of the day.

FAQ - Frequently asked questions:

Which industries are likely to experience change under Donald Trump?

The banking, construction, energy, pharmaceutical and crypto sectors in particular could undergo a major transformation.

What strategy does Trump want to use to turn the relevant industries upside down?

Trump is focusing primarily on "deregulation" in order to reduce bureaucracy, promote innovation and thus save costs.

Who will be the new head of the US Securities and Exchange Commission (SEC)?

Lawyer Paul Atkins is to become the new head of the US Securities and Exchange Commission. Atkins is considered an advocate of crypto assets.

Why is Trump stepping up his efforts within the crypto industry?

Trump himself is a self-confessed fan of Bitcoin and the like and is active in the sector or could intensify his activities in the future. The Republican may also be pursuing his own interests in this context.

Timo Emden in a dark suit and tie poses in front of a plain gray background and looks neutrally into the camera.
Timo Emden

Timo Emden holds a B.A. in Business Administration, is a market analyst and a certified blockchain expert from the Frankfurt School of Finance & Management. He has been following the global financial markets for over 14 years, with a focus on crypto assets. His assessments are based on chart technology and sentiment - he nevertheless considers important fundamental events to be significant. As a market expert, Mr. Emden is a valued contact for TV, press and radio.

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