Now that Donald Trump has officially been sworn in as president, he has pledged Americans and investors won’t have to wait long to see big changes. Trump has said he will get to work on a number of campaign promises on day one in office, and those promises could have a big impact on American companies.
Cybersecurity
Trump recently appointed former New York mayor Rudy Giuliani as head of his cybersecurity task force. Trump has pledged to immediately initiate a review of “all U.S. cyber defenses and vulnerabilities, including critical infrastructure.” The review and response process could mean new government contracts on the way for cybersecurity stocks such as FireEye Inc FEYE 1.78% and Palo Alto Networks Inc PANW 0.13%.
Defense
In addition, Trump has pledged to begin beefing up both the military and law enforcement. “President Trump will end the defense sequester and submit a new budget to Congress outlining a plan to rebuild out military,” the White House website reads.
Aggressive military and law enforcement spending could be good news for Northrop Grumman Corporation NOC 0.6%, United Technologies Corporation UTX 0.87%, Lockheed Martin Corporation LMT 0.91%, TASER International, Inc. TASR 1.67% and Digital Ally, Inc. DGLY 3.03%.
Domestic Self-Reliance
Finally, Trump’s energy policy is squarely centered on domestic self-reliance. According to the White House website, “Sound energy policy begins…
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