Jim Cramer talks the impact of another Trump presidency on the stock market
People are dusting off the old Trump playbook after last sense to be. You know what? I don't blame them. I mean, this is a show about money, not about friends or politics for that matter. Something. Play it straight and tell you what would work on your second Trump administration. First, the Trump administration rarely stood in the way of mergers. So you have to resume the Kroger Albertsons deal goes through S is the tapestry Capri merger. I buy both Albertsons and Capri if you think Trump has a much better chance to win the White House. Normally I leave this kind of trade for the arbitrage guys, but these two feels very much like given since the Trump's FTC would certainly let them go through. Capital One should maintain its positive trajectory too as it's buying discover a deal that will most likely draw a lot less scrutiny with Trump. You can buy either one of these. Trump will immediately suspend the temporary porcelain liquefied natural gas export authorization, which has crushed the stock of New Fortress, one of my favorites. Revolutionary company run by West Eden's that had the most to gain from unfettered exports. Sheer energy would be the second best. I was like Kotera Energy because that's the cheapest natural gas in the country. So that's a winner of of the spike in export related natural gas orders. That's a stock that's owned by the Child Trust. We talked about it yesterday's investing club call. President Trump was not a big believer in financial regulation or at least arduous financial regulation, which is great news for banks largely small, including JP Morgan, Bank of America, Goldman Sachs and the two we own for the travel Trust, Wells Fargo and Morgan Stanley. Wells just hey, gave you a nice dividend boost. We had a lot of good dividend boost actually after the close this evening. That's because it's in the wake of the stress test that all the banks passed, and you can presume it those dividend boosts would be even larger under a Trump administration. The FTC and Justice Department have hectored all Big Tech Alphabets been most ingredient, but Amazon's also been in the crosshairs of the FTC, and Apple has been abused, I think, by Justice for putting out really good phones. I don't know what else to say. Neither candidate seems to like Big Tech, though. But Trouble's administration would certainly be more circumspect about hammering Great American tech companies. Trade will be hampered, especially with China. At this point, we have to believe that with the exception of Apple, companies with big Chinese exposure here. I'm thinking about Nike and Starbucks are and I guess should say will remain losers. Nothing new here. Apple makes its Chinese phones with Chinese labor, which has kept them relatively move from the government punishment. They put a lot of people to work there. Now, let's step back for a moment. I remember riding Amtrak to Washington, a car with Biden when I was anchor of an old show called Kudlow and Kramer. And he was a senator from Delaware. He knew the show and we had a cordial relationship. Biden went out of his way to tell me he was the poorest senator out of 100 because he owned no stocks. He's actually bragging about it. I, I don't think these of you ever really changed. He's just not a champion of capital. He's on board with labor. He'll tell you that he'll never go out of his way to help the stock market along. And he doesn't follow it much, frankly. Part of me admires that he sticks to his guns on this, but the part of me that manages money for my Chapel trust doesn't like old bit. On the other hand, in the many years I've known Trump, and I know him fairly well, he's been wildly pro stock market. Always watched it like a hawk. He loved bannering about the stock market, appear on the show many times because he even though he was in real estate, he enjoyed stocks. When he became president, he graded himself by looking at the Dow Jones average. He often told me there was way too much regulation. He was wildly pro oil and gas, and although the environment wasn't really an issue for him period, regardless of how you feel about those issues, that's very positive for a great deal of stocks. Remember, again, I said at the top, I'm trying to explain to you what will happen to your money. It's not about friends, about money. So if you think that Trump is more likely to be president, the overall tone of the stock market will improve, if only because the man can't bear to see it go down as the major average of the barometer he uses to measure his own job approval. You may think that's insane, but it's the reality. And if nothing else, hate him or like him, he's good for your portfolio. I like says always bull market somewhere. I promise Trying to find it just for you right here, man money. I'm Jim Cramer, see you next time. Last call starts now. Don't miss a second of MAD Money. Follow at Jim Cramer on X Have a question? Tweet Kramer hashtag MAD mentions Send Jim an e-mail to [email protected] or give us a call at one 807 four three CNBC. Miss something? Head to madmoney.cnbc.com.