Few think Trump's plans for tariffs or more oil drilling will work

Given the skepticism surrounding Trump's economic strategies and the potential for tariffs to cause inflation, companies in sectors reliant on imports might face headwinds if he is reelected and implements his tariff plans. Small-cap companies or those heavily reliant on consumer spending may particularly be at risk. Therefore, investors should watch for potential negative effects on stocks in these sectors.

Oil and gas companies might benefit from Trump's push for more drilling, although increased production levels are already high under the current administration. If Trump succeeds in easing regulations, certain firms could see temporary gains. However, predicted lower energy prices could undercut profit margins in the long run, leading to mixed outcomes for these stocks. Thus, some energy sector stocks may show short-term positive movement but could be volatile.