Happy Tariff Wednesday (‘Liberation Day’ to some). President Donald Trump will be holding his event in the Rose Garden this afternoon at 4:00 PM EST. Strategically scheduled for after the stock market’s closing bell, I have a feeling these tariffs might hit us hard. I’m preparing for the worst but hoping for the best, and here are five stocks I bought this morning to hedge my bets.
5. $BRK.B (Berkshire Hathaway Inc.)
Berkshire is sitting on a ton of cash right now, and they’ve outperformed the market over this unpredictable period. Warren has routinely beaten the S&P 500, so I’m betting on him.
4. $CAKE (Cheesecake Factory Inc.)
They’re properly valued at 13X forward earnings, and a PEG ratio of 1.3. These shares have been fluctuating within the $45-$55 range so far YTD, but their growth verticals are very enticing for the long-term – lots of new locations to come in 2026/2027.
3. $V (Visa Inc.)
No matter what happens this afternoon, the U.S. has a credit card problem. America has some of the worst credit card spenders in the world, and Visa capitalizes off of that. Oh, and if this economy heads toward a recession, those same spenders are going to put more and more costs on their credit cards. “I’ll pay for this next month!”
2. $BTCI (NEOS Bitcoin High Income ETF)
Last month, this ETF paid me a 2.65% dividend (that is a 31.80% annualized dividend yield folks), and the shares themselves were up 3.45%. Not a shabby return at all, considering the market itself was down -3.65%. That dividend income tastes extra sweet when there is unpredictability in the markets.
1. $AMZN (Amazon Inc.)
Not much of a hedge, I know. But Amazon stock is my top holding and I don’t see that changing anytime soon. News just broke that they are the new frontrunner to put in a bid to acquire TikTok’s U.S. operations. This company is unmatched across so many markets, how could I not add more shares under $200?