Investors still concerned about what will happen with President Donald Trump’s tariff policy have a place to hide in three stocks, according to investor Rebecca Walser. Despite the 90-day pause on “reciprocal” tariffs announced Wednesday, the market fell Thursday – giving back some of the historic gains from the previous session. A 145% levy on goods from China, a 10% broad duty and 25% tariffs on aluminum, autos and some goods from Mexico and Canada still stand. While negotiations are ongoing over where the tariffs may ultimately land, Walser, president of Walser Wealth Management, is playing defense. “We are really looking at things that will do well if the tariff policy continues, as it has been so volatile,” she said. Right now, she believes e-commerce giant Alibaba is a buy, especially if you are concerned about tariffs. “That is very established inside of China, in the Middle East, even in Europe,” she said in an interview with “Power Lunch.” “Obviously, that would be potentially circumventing tariff policy.” BABA YTD mountain Alibaba She also likes Merck , because the pharmaceutical giant recently unveiled a “great, big production facility” in North Carolina. The company announced last month the $1 billion, 225,000 square-foot building would be dedicated to vaccine manufacturing. Duties on pharmaceutical companies were not announced as part of Trump’s sweeping tariff policy last week. However, on Wednesday, before hitting the pause button, the president reiterated his plan to impose “major” tariffs on drug imports. MRK YTD mountain Merck Her last pick is Dollar General . “If we do get … University of Michigan consumer sentiment still lower, lower, lower three months in a row, then we know consumers are going to be looking at dollar store alternatives, even to Walmart ,” she said. The University of Michigan’s Survey of Consumers had its third consecutive decrease in March. DG YTD mountain Dollar General Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles, and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
