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The 10 Best Stocks for the Next 1,361 Days of President Donald Trump

The president's economic and tax agenda will lift all boats, but these 10 'boats' will rise more than others

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The Best Stocks for the Rest of Trump’s Term: Lowe’s (LOW)

Another one of Donald Trump’s ambitions is the mass lowering of tax rates … corporate and personal. The effort has been met with a little too much resistance thus far, but it’s still on the radar.

The proposal currently on the table isn’t too specific, but it does include a tax rate of just 15% for businesses, and just three individual tax brackets — 10%, 25% and 35%.

Lower tax rates will help make all U.S. companies more profitable, who on average dish out 28% of their net income to the IRS. But it will be of the biggest benefit to a company like Lowe’s Companies, Inc. (NYSE:LOW), which sports a hefty tax rate of 42.4%.

There’s also the added bonus that Lowe’s finally seems to be firing on all cylinders. Its fourth quarter was a blowout affair that saw the DIY retailer grow same-store sales by more than 5% — without sacrificing margins!

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Article printed from InvestorPlace Media, http://investorplace.com/2017/04/10-best-stocks-next-1361-days-president-donald-trump/.

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