After eyeing Donald Trump with caution leading up to the Presidential election, investors quickly hoped for the best after his win. Now companies are starting to speak up — cautiously — about what they see.
More than 20 companies in the Standard & Poor’s 500, including Dow Chemical (DOW), Medtronic (MDT) and Deere (DE) have discussed Trump in recent earnings conference calls or at presentations with investors, according to a USA TODAY analysis of data from S&P Global Market Intelligence. Wall Street might have boldly embraced Trump’s more bullish platforms such as lowering corporate taxes, but most companies talking about the incoming president remain optimistic, but also more tentative as specifics are yet to be seen.
