More stocks to buy as investors rally on Trump rally

Stocks that are rallying on President Donald Trump’s strong economic data include a number of high-tech companies, such as Apple Inc., Netflix Inc., Tesla Motors Inc., Intel Corp. and Microsoft Corp. The S&P 500 index is up 3.5 percent this year through Monday morning.

Investors are taking advantage of Trump’s popularity, which has been boosted by his populist message and promise to make U.S. companies more competitive globally.

Trump has been a frequent visitor to the U.K., where he campaigned on a promise to bring back manufacturing jobs.

A strong dollar, which helped boost the value of U.N. bonds in the past year, is also a factor, analysts say.

U.L.G.S., +0.25% has been on the rise, thanks to higher prices for U.C.V. shares, which have been trading at a discount to the benchmark.

Analysts are also bullish on the future of China, where the country’s economy is expected to grow by 2.5% this year, up from the 2.4% pace it has been growing this year.

The U.B.C.-based International Monetary Fund said Tuesday that the global economic outlook for the first half of next year is positive, but cautioned that the risks to global growth remain.

“There is room for improvement in many of the areas, including in labor and productivity, but overall the outlook remains positive,” the IMF said.

Read moreTrump and China are still not in a position to reach an agreement, but he and Xi have been discussing ways to strengthen economic ties.

Trump is expected next week to hold a meeting with Xi at the White House, as well as the leaders of Japan, Germany and France.