Jim Cramer names stocks that could rally, or fall, during a second Trump presidency

Jim Cramer on Monday named stocks that could rally or fall if Donald Trump returns to the White House. He noted that predicting Trump's moves can be difficult but highlighted some trends.

“After this weekend, it sure seems like the Trump stocks are back,” he said. “Just keep in mind that plenty of companies are great enough to transcend politics, and sometimes what counts as a Trump stock can change on a dime.”

Cramer said he is not trying to predict the results of the election, but asserted that Saturday’s assassination attempt has made many believe that Trump is more likely to win against President Joe Biden in the fall. Monday’s buyers seemed to agree with this assessment, with many betting on stocks poised to do well under a Republican administration.

Investment banks like $JPMorgan(JPM.US)$ , $Goldman Sachs(GS.US)$ , $Morgan Stanley(MS.US)$ , and $Bank of America(BAC.US)$ could benefit from a Trump administration's leniency on mergers and acquisitions. Deals such as Kroger's potential acquisition of Albertsons and Tapestry's bid for Capri might proceed under Trump, despite Biden's opposition.

Conversely, stocks related to environmental sustainability may suffer. Companies like $Enphase Energy(ENPH.US)$ , $SolarEdge Technologies(SEDG.US)$ , $Sunrun(RUN.US)$ , and $Sunnova Energy International(NOVA.US)$ could see earnings decline if government subsidies are reduced, similar to the over 100 environmental policy rollbacks during Trump's first term.

Cramer concluded that recent events have increased the likelihood of a Trump victory, affecting market sentiment. Cramer said he is not trying to predict the results of the election, but asserted that Saturday’s assassination attempt has made many believe that Trump is more likely to win against President Joe Biden in the fall. Monday’s buyers seemed to agree with this assessment, with many betting on stocks poised to do well under a Republican administration.