8 Anti-Woke Stocks That Could Take Off
In our current political and economic climate, woke extends to businesses and people deemed too liberal or progressive. Anti-woke stocks, therefore, represent companies taking the opposite stance.
Occidental Petroleum (NYSE: OXY) Anti-woke agendas aren’t thrilled with the prospect of hurting Mother Earth, as one might argue Occidental Petroleum does. They also push for getting gas guzzlers off the road for more ESG-friendly electric vehicles.
Tesla Inc (NASDAQ: TSLA) Last quarter, the EV manufacturer produced and delivered some 430,000 vehicles to consumers. The company makes accessories like solar panels and energy storage for residential and commercial use.
Fox Corp (NASDAQ: FOXA and FOX) The world’s opinions aside, the Fox Corporation contains several high-profile brands, including Fox News Media, Fox Sports, Fox Entertainment, and Fox TV Stations. Fox acquired the Tubi streaming service for $440 million back in 2020.
Tyson Foods (NYSE: TSN) As one of the world's largest food companies, Tyson provides one in every five points of beef, chicken, and pork in the United States. Over 140,000 employees comprise the food maker’s greater umbrella.
Home Depot (NYSE: HD) Home Depot’s CEO has gone on record against a woke mentality in the next generation of leaders. He claims the group “doesn’t focus on the bottom line” regarding the economy; perhaps a jab at what he believes is a more self-seeking way of thinking.
Barrick Gold (NYSE: GOLD) One of the largest operations of its kind, Barrick Gold, has active projects in 18 countries on four continents. Because tier-one mines have at least ten years of life remaining, Barrick Gold will be putting axe to stone for quite some time.
With over 34.7 million brokerage accounts, 1.8 million bank accounts, and 5.2 million retirement plan participants, the professionals at Schwab make it a point to put the customer first. Those funds represent more than $8.18 trillion in total client assets.
Oracle Corp (NYSE: ORCL) It launched in 1977 under the careful watch of founders Larry Ellison, Bob Miner, and Ed Oates. The same Larry Ellison has clear conservative political stripes that drop him into a more “anti-woke” category. He’s donated millions to Republican campaigns over the years despite vocalization from Oracle employees.