Buz Investors AMZN and AAPL Under Trump Technology stocks were pounded following Donald Trump’s surprise win in the presidential elections. The concerns were real; Trump had been openly targeting the tech heavyweights during his election campaign, ranging from issues as wide as outsourcing and non-payment of taxes to hiring foreign employees.
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One Reason to Be Bullish on AMZN and AAPL Under Trump

One Reason to Be Bullish on AMZN and AAPL Under Trump

  • Buz Investors AMZN and AAPL Under Trump Technology stocks were pounded following Donald Trump’s surprise win in the presidential elections. The concerns were real;
  • Trump had been openly targeting the tech heavyweights during his election campaign, ranging from issues as wide as outsourcing and non-payment of taxes to hiring foreign employees.
  • Things have changed a lot since then, not that Trump has stopped targeting individual companies. However, Trump openly declared that he would like to help the tech industry in every way possible when he invited the technology giants to his tech meet in December 2016. (Source: “Donald Trump meets with tech leaders,” TechCrunch, December 14, 2016.)




AMZN and AAPL Under Trump

Buz Investors AMZN and AAPL Under Trump Technology stocks were pounded following Donald Trump’s surprise win in the presidential elections. The concerns were real; Trump had been openly targeting the tech heavyweights during his election campaign, ranging from issues as wide as outsourcing and non-payment of taxes to hiring foreign employees.

Donald Trump is in favor of not only lower corporate taxes, but also of providing tax benefits to repatriate overseas cash. This is a big positive for Apple stock, as the company has a big cash pile abroad, which can then be used by the company to buy back shares, pay dividends, and invest in research and development. This is likely to boost AAPL stock, which has been under pressure on declining “iPhone” sales.

 

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AMZN and AAPL Under Trump

 

The lower tax on bringing back overseas cash helps Amazon stock as well, but more important than that, Jeff Bezos has been trying to mend fences with Donald Trump, which is good for Amazon.com, Inc. going forward. Amazon recently announced its plans to generate about 100,000 jobs in the U.S. for people with different types of skill sets and experience.

Generating employment in the country has been the prime focus of Trump’s election promises.

There are reports that the company has been granted a patent that solves the problem of navigating reversible lanes. This is significant, as autonomous vehicles could be a strategic addition to the company’s logistics fleet management. (Source: “Amazon patent hints at self-driving car plans,” The Guardian, January 18, 2017.)




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Jadtecnic
Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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