July 6, 2026, 7:34 AM EDT. Donald Trump can legally endorse stocks, but pros say investors should be careful about following his picks. Trump's endorsements are allowed, but they're not what many on Wall Street would call smart advice. Financial advisers say it makes more sense to do thorough research instead of watching for Trump's comments. Insider info, which is non-public details that move stocks, isn't what Trump is using here. His calls get attention, but experts warn traders about chasing headlines for tips. Most in the market say do your own work if you want to handle wild swings.
