With a trade agreement with the U.K. on the books, investors are feeling hopeful more meaningful deals that could follow, particularly with China. That could boost a number of consumer names. J.P. Morgan analyst Christopher Horvers examined the tariff-exposed stocks he covers—excluding companies that benefit from the levies such as auto-parts retailers gaining from levies on new vehicles,

The consumer discretionary sector is particularly sensitive to soft consumer demand and tariff-fueled macroeconomic uncertainty.