CNBC's Jim Cramer on Wednesday told investors the Trump administration is more likely to allow mergers and acquisitions to go through, processes largely stymied under Biden.
"I am very confident in the idea that, under President Trump, M&A's about to come back and come back bigly," he said.
Beyond M&A, Cramer said the President-elect is likely to relax antitrust regulations, whereas Biden appointees have scrutinized Big Tech outfits like Apple .
But while Cramer suggested these companies are likely safer from regulatory interference under Trump, he said some of that depends on Trump's own attitude towards them.
"So, it's not a surprise to see most of America's big name tech CEOs come out today with enthusiastic, public messages of congratulations for President-elect Trump," he said.
Persons:
CNBC's Jim Cramer, Trump, Biden, Cramer
Organizations:
Wednesday, M, Trump, Time Warner, CNN