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Stay Alert - if Your Shares Have Links Back in the USA

By Malcolm Stacey | Monday 23 January 2017

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello Share Tickers. The big change of presidents in the USA has frightened some investors into thinking that any stocks with links to America are to be avoided. At least until we become a bit clearer as to what’s what. 

Will Big Donald Trump succeed in improving the USA's economy with his threats of protectionism? Or will his advisors and all the other American politicians turn him away from this risky course?

I sold a large holding of Ashtead (AHT) shares recently because I feared that Mr Trump’s promise to invest heavily in American infrastructure might not happen. Ashtead, which might supply the tools for this enterprise had already risen sharply and I thought it prudent to take profits before the dream turned sour. If it does.

I now fearfully check Ashtead’s share price every day to see if I’ve made a mistake. However, the value has dropped about 40p a share since my decision. So I might have been right.

I sold my hefty holding in Signet, the high street jeweller, some time ago now because I thought optimism in the American market was being overdone. Signet has a huge number of shops over there.

Another share with strong interests in the Americas is National Grid (NG.). But I hold onto those shares because the price softened at the turn of the year and I can’t quite understand why. Other than we’ve had a warm winter thus far. Any road up, America will still need its electricity supply and I can’t think the new president’s performance will have much bearing on that.

Do I think USA-linked British shares are a dangerous thing to hold these days? Not really, but you can never be too careful in Shareland and it might be as well to poise a digit over the sell button for the next few months - just in case.

Meet you in the Punter’s Return?

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