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15 handpicked stocks

U.S. Truck Stocks (Heavy-Duty Tariff Winners)

A new 25% tariff on imported heavy-duty trucks aims to protect U.S. manufacturers, creating a potential advantage for domestic companies. This theme identifies U.S.-based truck makers and parts suppliers that are positioned to benefit from this protectionist trade policy.

Author avatar

Han Tan | Market Analyst

Published on September 27

Your Basket's Financial Footprint

Market capitalization breakdown for the 'Driving Domestic: U.S. Truck Makers And New Tariffs' basket.

Key Takeaways for Investors:
  • Large-cap dominance implies lower volatility and broad-market-like returns, but returns aren't guaranteed; values can fall as well as rise.
  • Use as a core, stability-oriented holding within diversification; not personalized advice—assess suitability and risk tolerance.
  • Expect steady, long-term appreciation rather than explosive short-term gains; past performance is not indicative.
Total Market Cap
  • PCAR: $52.77B

  • CMI: $57.60B

  • DAN: $2.63B

  • Other

About This Group of Stocks

1

Our Expert Thinking

A new 25% tariff on imported heavy-duty trucks creates a protective shield for American manufacturers. This policy shift fundamentally changes the competitive landscape, making domestic truck makers and parts suppliers more attractive compared to foreign competitors. We've identified companies positioned to capture increased market share as buyers turn to U.S.-made alternatives.

2

What You Need to Know

This group focuses on the heavy-duty trucking industry, specifically Class 8 vehicles and their supply chains. These are cyclical businesses tied to economic activity and freight demand. The tariff policy creates a temporary competitive advantage, but success will ultimately depend on each company's ability to meet increased demand whilst maintaining quality and competitive pricing.

3

Why These Stocks

Each company was selected for its direct exposure to the U.S. heavy-duty truck market. This includes original equipment manufacturers who build the trucks, critical parts suppliers for engines and drivetrains, and companies throughout the domestic automotive supply chain. Professional analysts identified these as the most likely beneficiaries of the policy-driven shift toward domestic production.

Why You'll Want to Watch These Stocks

🛡️

Policy Protection Advantage

The 25% tariff creates an immediate competitive moat for domestic manufacturers. Foreign trucks become significantly more expensive, potentially driving buyers toward American-made alternatives and boosting market share for U.S. companies.

🚛

Supply Chain Shift Opportunity

As production moves stateside to avoid tariffs, domestic parts suppliers and manufacturers throughout the truck-making ecosystem could see increased demand. This represents a fundamental shift in how the industry operates.

📈

Cyclical Recovery Timing

The trucking industry is showing signs of recovery from recent downturns, and this tariff policy arrives at a potentially opportune moment. Companies positioned for growth could benefit from both policy support and improving market conditions.

Get the full story on this Basket. Read our detailed article on its risks and potential.

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