Trump could pick these companies as national champions, Evercore says

U.S. economic policy has shifted toward state capitalism, with the Trump administration investing in publicly-traded companies in strategic industries, according to Evercore ISI. The White House has already taken equity stakes in MP Materials , Lithium Americas , Intel and Canada's Trilogy Metals this year, a departure from past practice, when such interventions were confined to only limited periods of crisis. This year's government deals have proven major catalysts for the stocks. The deals between government and industry have so far focused on the critical mineral and semiconductor industries. But the White House is now eyeing nuclear energy too, through a recent deal with Westinghouse , and potentially other sectors as it aims to secure strategic supply chains, according to the Evercore