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Key Takeaways

• AXON, TSLA, VST, EQT and PLTR stocks have all increased between 20% to nearly 40% since the election.

• ETFs that are heavy with these stocks have also benefited from a Trump bump.

• Register now to see our 7 Best Stocks for the Next 30 Days report - free today!

Since Trump’s victory in the Presidential election, many large U.S. companies have seen their stocks surge. SPDR S&P 500 ETF Trust SPY added more than 2.4% from Nov. 5 to Nov. 20.

The top 10 performing stocks on the S&P 500 index have witnessed 18% or more gains since Election Day, according to data provided by S&P Global Market Intelligence, which analyzed returns based on closing prices from Nov. 5 to Nov. 20, as quoted on CNBC.

Solid stock returns were partly driven by the Trump administration’s expected policy stances and deregulation that should benefit certain companies and industries. Some stocks also gained on inherent potential.

Winning Stocks in Focus

Since momentum plays are not always a good idea for long-term holdings, investors can play the best-performing stocks since Election Day in a basket or exchange-traded fund (ETF) form to minimize the company-specific concentration risks. Hence, we have mentioned ETFs that are heavy on the winning stocks.

Axon Enterprise AXON – Up 38.3%

Axon develops and manufactures weapons for selling to U.S. state and local governments, the U.S. federal government, international government customers and commercial enterprises. The company is known for its products, including taser and body cams for law enforcement agencies.

The company beat analysts’ estimates in its Nov. 7 earnings results, with officials touting its “AI era plan” and raising earnings guidance. Axon's Draft One uses generative AI to convert the audio from the body cam into a report narrative draft. Also, it can translate over 100 languages. Such offerings should help improve the efficiency of the police force.

The AXON stock surpassed the Zacks Consensus Estimate for earnings in each of the last four quarters, with an average surprise of 20.21%. The current Zacks Consensus Estimate for AXON’s December quarter is $1.46, up from $1.29 recorded 30 days ago.

Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.

Trump’s protectionist policies have probably boosted Security and Safety Services stock even more. Axon-heavy ETFs include Motley Fool Global Opportunities ETF TMFG (TMFG has an 8.68% focus on Axon) and Tuttle Capital Self Defense Index ETF (GUNZ) (TMFG has a 7.89% focus on Axon).