Smart Money Is Watching These 2 Stocks as Trump Wins Presidency

Trump reclaiming the White House kickstarted a rally in both the US stock and cryptocurrency markets. Leading stocks soared to new yearly highs after Trump’s victory indicating a high level of optimism in the broader financial sector. Smart money is closely watching two stocks that could soar to new heights under Trump’s presidency.

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The president-elect will take oath on January 20, 2025, becoming the 47th president of the United States. Trump repeatedly said on the campaign trail that he would end the wars happening in Russia-Ukraine and Israel-Palestine. However, he provided no details on what measures or steps he would take as President to stop the ongoing conflict.

While many believe a Trump presidency could lead to peace, others predict that the conflict might not end. In this article, we will highlight the top two stocks that the smart money is watching before Trump’s ascension to the White House.

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Smart Money: 2 Stocks Under the Spotlight During Trump’s Presidency

1. Lockheed Martin (NYSE: LMT)

Smart money is watching defense stocks before Trump takes oath as the 47th President of the US. Lockheed Martin is in the spotlight as his presidency will mostly revolve around national security, defense, and the weapons industry. The aerospace manufacturer’s stock is currently hovering around the $530 mark on Tuesday. Trump’s presidency could make Lockheed Martin soar in the charts as threats from Russia-Ukraine and Israel-Palestine are yet to end.

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2. RTX Corporation (NYSE: RTX)

RTX Corporation was trading at $89 when Watcher Guru first urged investors to accumulate the stock in March 2024. Its price is now trading at $120, a 35% surge in the last six months alone. The American aerospace and defense company has leveraged the weapon’s technological advancements and is aiding the US military. Therefore, RTX Corporation stock could surge further in value during Trump’s presidency and smart money is closely watching it.