IT stocks: Is ability to handle Trump tantrums better today? 5 IT stocks with an upside potential of up to 33%
- Posted on November 14, 2024
- By Business News Today
- 1 Views
IT stocks: Is ability to handle Trump tantrums better today? 5 IT stocks with an upside potential of up to 33%
Remember some of the headlines the last time Donald Trump was US president? They had to do with Indian IT companies finding it tough to send personnel abroad – as well as high visa rejection rates. And what happened on the street? IT stocks came under pressure. Cut to 2024. Trump is president-elect. But there is no panic reaction on the street – at least where IT companies are concerned. Is there a reason why IT stocks are keeping their heads above water this time around? And will they be able to do so once Trump takes charge on January 20, 2025? The answer tilts towards a yes. But with some caveats.