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These “Trump” Stocks Could Take Off if He’s Re-elected

Trump Stocks

Donald Trump announced late in 2022 his bid for the presidency in the 2024 election.

If he becomes president again, many companies he has an intimate relationship with could benefit.

Check out the four stocks we feel have the potential to take off.

Related: What Trump 2024 Could Mean For The Markets

Trump Stocks To Watch out For

Trump Stocks

Digital World Acquisition Corp (NASDAQ: DWAC)

Digital World Acquisition Corp is about as much a Trump stock as you can get. The special purpose acquisition company (SPAC) first appeared in 2020, looking to acquire a target in fintech, tech, or media.

This blank-check company has long been slated to form a merger with the Trump Media & Technology Group. Former President Donald Trump heads the technology group.

The first rumors of this marriage hit the internet in late 2021.

At the core of Trump Media & Technology Group is the Truth Social app, designed to rival the likes of Twitter and Facebook. 

Donald Trump created the social media platform after being banned from Twitter in January 2021.

The deal was initially scheduled to have been completed by now. However, the deadline has been extended yet again with no actual transaction in sight.

Digital World Acquisition Corp shares jumped to nearly $100 when the SPAC announced plans to merge with the Donald Trump media technology group. 

Digital World Acquisition Corp shares jumped to nearly $100 when the SPAC announced plans to merge with the Donald Trump media technology group. 

It saw an uptick when the former president announced his bid to run in 2024.

DWAC’s stock price is back down to more manageable levels, but still trending high as investors hope for an acquisition. Reelection could garner even more interest for DWAC and Truth Social.

Trump Stocks

Phunware Inc. (NASDAQ: PHUN)

Phunware is a provider of mobile software and blockchain technology. The company is based out of San Diego.

Founded in 2009, Phunware is a pioneer of multiscreen-as-a-service software

It helps many of the world’s most well-known brands redefine the mobile experience.

As an all-in-one platform, Phunware provides companies with the tools to build a mobile presence. 

These organizations can then manage and monetize these systems on their own.

Its cloud platform powers the online experience that users walkthrough. 

Phunware provides companies with the tools to build a mobile presence. 

In turn, this helps brands unify strategies and make educated consumer-based decisions.

Phunware already has industry solutions for several business models. These include retail, healthcare, hospitality, sports, and entertainment.

Donald Trump has taken an interest in what Phunware can do. The former president hired the company in 2020 to build a smartphone application.

The application was tied directly to Trump’s attempt to be president that year. Phunware could once again become part of the Trump campaign and potential reelection.

Phunware’s stock price has not seen much positive movement over the last few years as it continues to find its place in the market. 

Again partnering with Donald Trump could be the catalyst for a boost in share performance.

Trump Stocks

Rumble Inc (NASDAQ: RUM)

Rumble is an online video platform similar to the likes of YouTube. It launched in 2013 and has headquarters in Florida and Ontario.

The company’s developers created the service to give small content creators a voice. 

Where other sites favored influencers, Rumble became a place for small content creators to express themselves.

This ideology resonated with a lot of people. From 2020 to 2021, Rumble’s user base grew by 35 million users in one year.

In 2021, Rumble acquired Locals to further develop its creator economy. This premium software service allows content creators to connect more intimately with core supporters.

Rumble acquired Locals to further develop its creator economy

The platform has become popular with conservatives, and Donald Trump in particular. 

The Trump media app Truth Social announced it would join Rumble’s ad platform as a publisher in August of 2022.

In 2023, the interactive video site announced a partnership with Donald Trump, Jr. for a biweekly livestream show. Called Triggered with Don Jr., it covers current events and has over 1.35 million followers.

Being somewhat intricately tied to the Trump family, Rumble could stand to gain from presidential reelection.

Trump Stocks

ExxonMobil (NYSE: XOM)

ExxonMobil is one of the world’s largest publicly traded energy providers. 

With 135 years of history, the company has grown from a regional kerosene marketer to exploring oil and natural gas on six continents.

Alongside its energy business, ExxonMobil also has a large presence in the chemical industry. 

Its facilities design chemical components in electronics, vitamins, medical equipment, and much more.

Across the planet, ExxonMobil markets products under Esso, Exxon, Mobil, and ExxonMobil brands. 

The company also owns XTO Energy, a major player in United States oil and gas production.

Exxon owns XTO Energy, a major player in United States oil and gas production

When former president Donald Trump won the 2016 election, ExxonMobil stood to benefit. At the time, Trump pushed the United States to rely less on foreign oil.

Trump’s reelection in 2024 could put big energy companies like ExxonMobil into the spotlight if the president follows the same pursuits. 

Even news from campaign promises could cause ExxonMobil stock to move.

ExxonMobil has fared well over the past year, growing some 50% in stock price to climb to new heights. 

Financial numbers also look great, with revenue gains of at least 45% each quarter.



RTX Corp (formerly Raytheon Technologies) has major ties to American aerospace and defense initiatives.

The company is headquartered right in Arlington, Virginia.

Over 180,000 employees serve RTX’s three businesses, covering everything from mission systems and structures to engines and innovative applications for the future.

It’s so prevalent that an aircraft carrying RTX technology takes off every second.

On the military side, some 90% of all Department of Defense and commercial space launches carry RTX products.

Department of Defense and commercial space launches carry RTX products

This influence extends to many more countries around the globe.

Donald Trump has always been vocal about United States defense, and we don’t anticipate that changing.

That puts RTX in a prime position to gain traction if he becomes president again.

RTX may be worth scooping up now while we wait for election updates.

Shares have been trending upward since 2009 despite a few hiccups along the way.

An engine defect put the company in the red this fall, but its stock price is already starting to reverse direction.

We may be looking at a rare opportunity to buy at a slight discount.

Are Trump Stocks a Good Investment?

Are Trump Stocks a Good Investment?

Trump stocks certainly could be a good investment if he wins the 2024 election.

Whether we like it or not, Trump’s words and actions often impact the companies he touches. Simply his announcement to run again in 2024 caused some stocks to stir.

Anything can happen between now and election time. There’s no guarantee that Trump will become the 2024 republican candidate.

Investors wanting to jump in on Trump stocks now could see spikes or decay. It all depends on how the former president approaches his campaign.

Should he become the 47th president, the stocks mentioned in this article could likely see positive movement.

The companies in this article are tied to Trump in some way. Each one is worth keeping an eye on even if a reelection doesn’t come to pass.

There’s little doubt that Donald Trump will continue to appear in the media in the coming months. Keeping a close eye on his strategy will help guide you in investing.

As with any investment, it’s essential to do your research before investing.


Noah Zelvis is a writer with more than 18 years of experience under his belt. He started out by blogging his adventures overseas and quickly found success creating paid content thanks to his ability to convey his articles in a clear and concise manner. Equipped with an engineering background and an analytical mind, Noah has a passion for all things business and finance. His personal investment journey began at a young age, helping his grandma with her portfolio. That spark blossomed into a never-ending search for the best stocks Noah still carries today. He’s thoroughly researched the corporate financial world as well and has an innate understanding of the banking and credit sector. Other published works also include travel, running, video games, product reviews, and more. Now, Noah uses his expertise to share his financial and investment know-how here at Stock Dork. When not at his desk, you’ll likely catch Noah traveling or running.