Investing

9 Big Losers From Hillary Clinton Not Winning the White House

Chris Lange

Published: November 9, 2016 10:05 am

Last Updated: January 12, 2020 6:01 pm

It was a real shocker that Donald Trump pulled away an upset victory over rival Hillary Clinton in Tuesday night’s election. Many brokerage firms and economists said that a Trump victory would be awful for stocks, with an immediate correction, but the initial 700-point Dow Jones Industrial Average selling in overnight futures had become a 50-point gain early Wednesday.

24/7 Wall St. has identified several immediate losers from a Donald Trump presidency. These are all sliding lower, but there are other big losers as well.

Trump has been adamant in his stance for a stronger and seemingly more nationalistic United States, but this can hurt U.S. companies that rely on production in other nations, such as Mexico. At the same time, Trump is looking to fix the budget and not waste money, so companies receiving government subsidies are going to be on watch as well.

There are of course other companies that are losing big in the aftermath.

Cemex SAB de C.V. (NYSE: CX) shares were down 11% at $8.01 early on Wednesday. The stock has a consensus analyst price target of $9.09 and a 52-week trading range of $3.50 to $9.35.

Constellation Brands Inc. (NYSE: STZ) was last seen down upon more worries over what a NAFTA bust-up might mean for Mexican beer. Shares slid 8% to $152.52, with a consensus price target of $185.50 and a 52-week range of $130.23 to $173.55.

Total S.A. (NYSE: TOT) is facing some heat because it recently announced a major oil deal with Iran. The stock was down 1% at $47.04. Shares have a consensus price target of $53.38 and a 52-week range of $39.05 to $51.30.

First Solar Inc. (NASDAQ: FSLR) is under the gun — Trump might not hate solar but he has been a critic of wasting money, and this area remains heavily subsidized.  Shares were trading down 7% at $31.04, with a consensus analyst target of $47.77 and a 52-week range of $32.41 to $74.29.

SunPower Corp. (NASDAQ: SPWR) is facing the same complications as First Solar, but the numbers are worse. The stock traded down 17% at $6.07, with a 52-week range of $6.27 to $31.10 and a consensus price target of $15.12.

Time Warner Inc. (NYSE: TWX) was down 2% at $85.86, as Trump said that he would be against AT&T acquiring it in an effort to consolidate power of content and distribution. The consensus price target is $102.45, and the 52-week range is $55.53 to $94.44.

UnitedHealth Group Inc. (NYSE: UNH) is the largest health care insurance provider, and it had won under Obamacare before announcing the exit of exchanges. Shares were last seen down 2.7% at $139.12, with a consensus price target of $164.81 and a 52-week range of $107.51 to $146.36.

HCA Holdings Inc. (NYSE: HCA) has been under fire as one of the hospital stocks that has been free to gouge under Obamacare, but this favorable position might not be around much longer under a Trump presidency. Shares were trading down 13.6% at $69.88. The consensus price target is $92.61. The 52-week range is $60.07 to $83.69.

Berkshire Hathaway Inc. (NYSE: BRK-B) undoubtedly will see some fallout from Warren Buffett openly challenging Trump about his tax returns. Also his team of companies has a lot of exposure on both sides (win and lose) over a Trump victory and Clinton loss.  Shares of Berkshire Hathaway were trading down 0.7% at $146.70, with a consensus price target of $165.00, and a 52-week range is $123.55 to $151.05.