This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:

• Analysis of key U.S. importers and exporters, using fundamentals charts and price, EPS consensus, and EPS surprise charts. In addition, John looks at potential disruptions and distortions to supply chains, and discusses the paradoxical trade objectives the U.S. faces as the world’s reserve currency.

• In assessing the impact of tariffs on importers, John looks at metrics including Free Cash Flow, Net Margin %, Revenue F12M and others, for mainly large-cap stocks such as Walmart (WMT), Home Depot (HD), Nike (NKE) and more. John also reviews these metrics for exporters, including tickers like Apple (AAPL), Exxon Mobil (XOM), Boeing (BA) and others.

• John wraps up with a review of other important tariff-related factors. He discusses major supply chain maritime routes, including trade volumes and shipping duration for each. He also looks at various functions in today’s highly complex supply chains, and how tariffs may impact them. Finally, he shares economist Robert Triffin’s theory concerning conflicting trade objectives when a nation’s currency also serves as a global reserve currency (like the U.S. dollar). Don’t miss this deep dive on the impact of tariffs for major U.S. companies.

The views of John Blank, PhD are not necessarily the views of Zacks Investment Research.

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