Investing

10 Stocks to Own If Full-Scale Trade War With China Breaks Out

Home Depot: Up 13% YTD

The Home Depot Inc. (NYSE: HD) had 2,287 Home Depot stores located in the U.S., Puerto Rico, U.S. Virgin Islands, Guam, Canada, and Mexico on last look. No stores in China. That could change in the years ahead, but no China sales as of now. That said, many of the products that Home Depot sells are either sourced from or may be manufactured in China. That is unfortunately unavoidable in retail.

Home Depot shares closed at $194.55, with a 52-week range of $158.09 to $215.43. The stock has a consensus analyst price target of $206.07.

Southwest Air:  Up 12% YTD

Southwest Airlines Co. (NYSE: LUV) may be in a range-bound stock pattern. It may have exposure tied to the grounding of the Boeing 737 MAX plane grounding. And it may have recently expanded internationally. That said, Southwest has no flights that go to China nor anywhere close to it. If there is a Southwest Air flight in China, it’s either a stunt or a pilot is seriously lost.

Southwest Airlines shares closed at $52.46, with a 52-week range of $44.28 to $64.02. The stock has a consensus analyst price target of $59.47.

UnitedHealth: Down 4% YTD

UnitedHealth Group Inc. (NYSE: UNH) is the leader when it comes to insuring America for its health coverage. it’s now a Dow component, and while it has international exposure of 6.2 million clients in Latin America and what is said to be 130 additional countries. That said, there is really not much in China that it has to worry about and “China” does not show up once in its entire 98-page annual report.

UnitedHealth shares closed down 0.5% at $238.03, with a 52-week range of $208.07 to $287.94. The stock has a consensus analyst price target of $288.04.

Verizon:  Up 0.3% YTD

Verizon Communications Inc. (NYSE: VZ) may have recently acquired AOL and Yahoo! for broader web exposure, but by and large its targets is the world of wireless telecom in North America.

Verizon shares closed at $56.47, with a 52-week range of $46.52 to $61.58. The stock has a consensus analyst price target of $59.64.

Wells Fargo: Up 2% YTD

Wells Fargo & Co. (NYSE: WFC) has been considered to be the largest mortgage underwriter in America, and despite having its magic account opening scandal on millions of customers the company remains firmly focused on North American banking and brokerage clients. It does a relatively small amount of trading internationally compared to most of the large money center banks. While the 2018 annual report from Wells Fargo indicated roughly 200,000 square feet of office space in China, that is a tiny portion of its 4 million square feet of office space in its entire international locations; and Wells Fargo had over 85 million square feet of office space in the United States.

Wells Fargo shares closed up 0.4% at $46.74, with a 52-week range of $43.02 to $59.53. The stock has a consensus analyst price target of $52.12.

Altria: up 5.2% YTD

Altria Group Inc. (NYSE: MO) is the domestic tobacco play now that Philip Morris International has been spun out. The primary business remains tobacco sold in America. It has some exposure to China via investments in other companies within wine and related tobacco areas, and Altria is moving further into vaping and cannabis. That said, for now the focus is still the U.S. even if it hard to say that Altria is a good buy just because of no major China exposure. After all, its products do kill more people than guns by a wide margin.

Altria shares closed up 10-cents at $51.97, with a 52-week range of $42.40 to $66.04. The stock has a consensus analyst price target of $58.73.

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