Analyst advises selling GigaCloud, Deckers, and Abercrombie

InvestorPlace analyst Louis Navellier has sold shares of GigaCloud Technology, Deckers Outdoor Corp., and Abercrombie & Fitch due to rising U.S. tariffs on Chinese imports. These tariffs are expected to negatively impact their businesses and profitability. GigaCloud, which connects Asian manufacturers with U.S. resellers, faces reduced demand as tariffs increase shipping costs. Deckers, known for UGG shoes, relies heavily on Chinese materials, making it vulnerable to rising costs. Abercrombie, which sources much of its production from China and Vietnam, may struggle to maintain profit margins. Homebuilders like Toll Brothers are also affected, with rising tariffs expected to increase home prices. The Fannie Mae Home Purchase Sentiment Index has dropped, indicating a decline in consumer confidence in the housing market.