Could SharkNinja Be a Millionaire-Maker Stock?
If one thinks of companies most affected by the Trump administration's tariff policy, it would probably be retail consumer goods companies that have a large part of their manufacturing in China. However, SharkNinja (NYSE: SN), which had sold off on the back of those very tariff fears, just posted an impressive first-quarter report, even raising its revenue and profit guidance for the full year.The company's resilience and adaptability in the face of a near-worst-case scenario were impressive and show why this emerging consumer goods juggernaut could be a millionaire-maker stock.Image source: Getty Images.Continue reading
If one thinks of companies most affected by the Trump administration's tariff policy, it would probably be retail consumer goods companies that have a large part of their manufacturing in China. However, SharkNinja (NYSE: SN), which had sold off on the back of those very tariff fears, just posted an impressive first-quarter report, even raising its revenue and profit guidance for the full year.
The company's resilience and adaptability in the face of a near-worst-case scenario were impressive and show why this emerging consumer goods juggernaut could be a millionaire-maker stock.
Image source: Getty Images.
