We recently published a list of 10 Stocks Bolstered by Broader Market Cheer. In this article, we are going to take a look at where RH (NYSE:RH) stands against other stocks that bolstered by broader market cheer.
The stock market bounced back from hefty losses on Wednesday, with all Wall Street indices finishing in the green territory after President Donald Trump announced that the US would pause the imposition of higher tariffs on 75 countries for 90 days.
In a post on Truth Social, Trump said that more than 75 countries have called to negotiate and have not retaliated in any way.
“I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” he noted.
Following the announcement, the Dow Jones jumped by 7.87 percent, the S&P 500 surged by 9.52 percent, and the tech-heavy Nasdaq soared by 12.16 percent.
Indices aside, 10 companies led the charge, predominantly those with a high international trade exposure.
In this article, we listed Wednesday’s 10 best-performing stocks and detailed the reasons behind their gains.
To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.
A customer happily browsing aisles of high-end furniture in a large showroom.
RH (NYSE:RH)
RH soared by 28.57 percent on Wednesday to end at $192.03 apiece amid the overall market optimism.
RH, formerly Restoration Hardware, sources a significant chunk of its supplies from Vietnam. With President Donald Trump’s decision to pause the imposition of tariffs on 75 countries for 90 days, investors hoped that companies with a high international trade exposure, such as RH, would benefit from higher demand and smoother supply.
It can be recalled that on Friday, RH already announced a more optimistic outlook following Trump’s recent announcement that he had a “productive” call with Vietnam’s To Lam, General Secretary of the Communist Party.
“Just had a very productive call with To Lam … who told me that Vietnam wants to cut their tariffs down to zero if they are able to make an agreement with the US. I thanked him on behalf of our country, and said I look forward to a meeting in the near future,” he said.
If the president responds in kind, RH said its resourcing to Vietnam would be accretive to its margins.
“The company has been operating with 25 percent tariffs from China since the last Trump administration and has successfully resourced the majority of its China production to Vietnam at significantly better than pre-tariff landed China pricing. In addition, the company has successfully resourced a meaningful amount of its China production to its own factory in North Carolina,” RH said.
Overall, RH ranks 1st on our list of stocks that bolstered by broader market cheer. While we acknowledge the potential of RH as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RH but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
