In this article, we will take a look at the 20 stocks that will benefit from an onshoring boom.
U.S. stocks are hovering close to all-time highs as Wall Street remains cautiously optimistic that the current administration might sign more trade agreements, preventing the worst-case scenario of extremely high tariffs and allowing the robust economy to continue chugging along.
As stocks continue to rise, markets are acclimating to the possibility that Trump’s tariffs will remain in effect, according to Eric Freedman, CIO at US Bank Asset Management Group. However, Freedman states that an unusually high tax on a significant trading partner, such as the European Union, could cause a market shock that leads to a decline. Speaking on this, he added:
“Markets are not priced for major trading partner effective tariff rates north of 20%. The European negotiations remain paramount. That’s something that markets are very, very fixated on right now.”
According to market analysts, a de-escalation in international trade tensions, better-than-expected economic data, and robust corporate earnings have all helped stocks rise. Approximately 34% of S&P 500 companies have released their second quarter earnings results, with 80% reporting earnings that are above forecasts.
Additionally, the tariff issue brought the idea of reshoring back into the spotlight. Supply chain interruptions and slow employment growth sparked reshoring, which is now accelerating thanks to the White House. Reshoring announcements in the United States came to a total of $933 billion in 2023. That amount rose to $1.7 trillion by the end of 2024.
Source: pexels
Our Methodology
For this list, we scoured through a number of credible sources that name U.S-listed companies that can/will benefit from onshoring, reshoring, and back-shoring trends in the United States. We noted down the most recurring names for our list and ranked them in ascending order of hedge fund sentiment as of Q1 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
20. Acme United Corporation (NYSE:ACU)
Number of Hedge Fund Holders: 6
Acme United Corporation (NYSE:ACU) ranks among the stocks to benefit from an onshoring boom. Acme United Corporation (NYSE:ACU) stated on July 15 that it had acquired a manufacturing and distribution facility in Mount Pleasant, Tennessee for approximately $6 million
The facility will be used mostly for its Spill Magic operations, which the company purchased in 2017. Acme United’s chairman and CEO, Walter C. Johnsen, said the company plans to make investments in capital upgrades at the new site that are centered on automation.
Additionally, Acme United Corporation (NYSE:ACU) recently released its first-quarter 2025 financial results, which showed lower revenue and earnings per share than anticipated by the market. Despite these outcomes, Acme United’s first aid division grew by 14%, suggesting that the industry remains strong.
Acme United Corporation (NYSE:ACU) is a top global provider of cutting, measuring, first aid, and sharpening equipment for the hardware, home, school, office, sporting goods, and industrial markets.
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