It’s quickly apparent that all anyone is going to focus on in the immediate future is the sweeping tariffs President Trump just imposed on more than 180 countries. It is one of the largest tariff hikes in history.
Many companies that make their goods in foreign countries are seeing their stocks plummet on the news. Furniture maker RH (NYSE:RH) plummeted 40% on a combination of weak earnings and the trade duties. Nike (NYSE:NKE) is down 12% because it imports half of its footwear from China and Vietnam. Apple (NASDAQ:AAPL) is down 11%.
Right now the stock market is throwing the baby out with the bathwater. Savvy investors, though, should seek out stocks that will not only survive the new trade order, but can thrive.
Here are two stocks to buy in April that ought to fare well no matter the market conditions.
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